Bloomberg China has dramatically scaled back purchases of Taiwanese fish this year, as Beijing seeks to punish the island’s democratically elected government for expanding ties with the US and its allies. China imported $56 million worth of fish and crustaceans in the six months from May to October, compared with $138 million during the same period a year earlier, according ...

Bloomberg Canada’s banking regulator increased a key capital requirement for large banks — and raised the potential range of the measure — giving it more power to protect the country’s financial system from elevated risks. The Office of the Superintendent of Financial Institutions (OSFI) said that it’s lifting the domestic stability buffer to 3% by February 1, up from its ...

Bloomberg Euro-area banks are returning another €447.5 billion ($472 billion) in cheap loans to the European Central Bank after officials toughened the terms of the program to help fight double-digit inflation. The repayment will shrink the outstanding amount of so-called TLTRO loans, which were used during the pandemic to keep credit flowing to households and businesses, by about 25%. The ...