Bloomberg China’s central bank cut the amount of cash most banks must hold in reserve, a move that went further than many economists had expected and suggested growing concerns about the economy’s faltering recovery. The People’s Bank of China (PBOC) will reduce the reserve requirement ratio by 0.5 percentage point for most banks, according to a statement. That will unleash ...

Bloomberg India’s central bank set a coupon of 6.10% for the new 10-year bond sale, higher than that of the current benchmark, signaling a slight tolerance for higher yields after months of trying to cap them at 6%. The government sold 140 billion rupees ($1.9 billion) of the new bond as part of a 260-billion rupee sale, the Reserve Bank ...

Bloomberg The Bank of England (BOE) will ask staff to come into the office at least one day a week from September as UK companies plot the return of workers following plans to relax guidance to stay at home. Employees at the central bank will be expected to organise regular “team days” in the office, Chief Operating Officer Joanna Place ...