Bloomberg China has increased the number of individuals with digital yuan accounts to 140 million, with 10 million corporate accounts created, a top official at the People’s Bank of China (PBOC) said. Transactions in e-CNY, as the currency is known, reached 62 billion yuan ($9.7 billion) in trials rolled out in about a dozen regions, Mu Changchun, head of the …

Bloomberg Standard Chartered Plc shares fall as it set out a return to growth after the Covid-19 pandemic that was slower than some of its rivals. The London-based lender said it continues to expect earnings to be little changed on the full year but that growth should reach its expected range of 5% to 7% in 2022. Rivals such as …

Bloomberg Shares in State Bank of India reached a record after profit at the nation’s largest lender beat estimates, helped by write-backs and fewer provisions for bad loans. Net income in the second quarter jumped 67% to 76.3 billion rupees ($1.02 billion) in the quarter ending September, according to a statement on Wednesday. That exceeded the average estimate of 66.5 …