Bloomberg China’s central bank refrained from cutting interest rates despite mounting evidence of a sharp slowdown in economic growth, suggesting policy makers may be concerned about the currency’s depreciation and capital outflows. The People’s Bank of China (PBOC) kept the rate on its one-year medium-term lending facility at 2.85% on Monday. Economists had been split on the decision, with ...

  Bloomberg Goldman Sachs Group Inc will allow senior staff to take an unlimited number of vacation days, the latest move by a Wall Street bank to retain talent in a heated job market. Partners and managing directors at the New York investment bank can take time off when needed “without a fixed vacation day entitlement,” according to a company ...

  Bloomberg Nigeria released new rules for digital assets, offering more clarity on trading in the cryptocurrencies in Africa’s most populous nation. The Securities and Exchange Commission published “rules on issuance, offering platforms and custody of digital assets” for virtual technologies, it said. It classifies the assets as securities regulated by the SEC. The rules may help boost trading by ...