Bloomberg India’s central bank will launch the retail version of its digital currency on a test basis starting Thursday, a month after allowing some banks to use it for settling secondary-market transactions in government securities. Four banks will initially run the digital currency pilot, with another four joining at a later stage, the Reserve Bank of India (RBI) said in ...

Bloomberg Nomura Holdings Inc sees a potential revenue boost of $1 billion or more from a deeper push into areas including equities, private markets and managing money for the rich, according to the firm’s chief executive officer. “Our wholesale business platform allows us to seize on profit opportunities with certainty whenever the market moves,” Kentaro Okuda said at an investment ...

  Bloomberg Asian currencies are set for their steepest monthly advance in more than six years, with the approaching end of the Federal Reserve’s tightening cycle supporting gains. The Bloomberg JPMorgan Asia Dollar Index has rallied 2.7% in November. South Korea’s won is the best performer after logging a 7% rise, followed by the Thai baht which climbed 6.8%. “While ...