Bloomberg The UK’s desire to rewrite the Northern Ireland protocol was absent in detail from the Queen’s Speech, amid reports that domestic legislation is being prepared to override large chunks of the Brexit deal. While the UK repeated its warning that it will take necessary steps to address problems caused by the protocol, no named bill or signal of future ...

Bloomberg China’s central bank repeated a pledge to proactively address mounting economic pressure and also highlighted a drop in deposit rates, a decline that could spur banks to lower the cost of borrowing for the first time in months. The People’s Bank of China (PBOC) reaffirmed it will focus on supporting small businesses, sectors and groups hit by Covid-19 outbreaks, ...

  Bloomberg The dollar’s relentless advance to a two-year high is roiling Asian currencies and pushing policymakers into action to curb losses. From direct dollar selling to verbal intervention, authorities are deploying every tool from their armouries to ward off currency threats. India and Taiwan have intervened in the market, while Japan has tried to talk up the yen. China ...