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China injects $31bn of cash into financial system in two months

  Bloomberg China boosted its injection of short-term cash into the banking system to the highest in two months, as demand for liquidity climbed before year-end. Government bonds gained. The People’s Bank of China added 200 billion yuan ($31 billion) of cash into the financial system through seven-day reverse repurchase agreements, more than offsetting the 10 billion yuan coming due. ...

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SNB keeps cool as franc surges to 2015 highs

  Bloomberg The Swiss National Bank’s (SNB) long-standing claim that the franc is “highly valued” is looking harder to justify as officials watch it strengthen to within striking distance of parity with the euro. When the currency climbed through what was once considered a key line in sand to 1.04 per euro last month, the surge wasn’t met with big ...

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Goldman mandates boosters as it stands by office-return plan

  Bloomberg Goldman Sachs Group Inc, one of Wall Street’s staunchest advocates of returning employees to offices, will make Covid-19 vaccination booster shots compulsory as the firm stands by its workplace philosophy through surging infection rates in New York. Anyone entering offices must get a booster by February 1 if they’re eligible for the injections by that date, the investment ...

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