Bloomberg The rupiah looks poised to test a key support level in the coming months as falling commodity prices, a potential tax on nickel exports and the slow pace of interest rate hikes in Indonesia weigh down the currency. An earlier-than-expected hike from Bank Indonesia last week did little to support rupiah, with the 25-basis-points increase easily overshadowed by ...

Bloomberg UK credit card borrowing rose at its strongest pace since 2005, and mortgage interest costs jumped to the highest in six years, indicating growing strain on household budgets. The Bank of England (BOE) said annual growth in credit card debt rise 13%, which was the most in 17 years. The average interest rate on new mortgages rose 18 basis ...

  Bloomberg Kenya’s Nairobi Securities Exchange expects its first main-market segment listing in more than three years to happen before end of December and boost activity on the bourse. The All-Share index of the market valued at 2.15 trillion shillings has dropped 17% since January, according to data compiled by Bloomberg. “We have one application right now that’s being processed,” ...