Bloomberg After spending more than $6 billion to stem the exodus of foreign investors from Indonesian assets last month, Bank Indonesia has signaled it’s ready to splurge more to defend the nation’s battered currency and bonds. The central bank offered to buy sovereign bonds worth 2 trillion rupiah ($140 million) from the secondary market on Monday after the yield on …

Bloomberg Australia’s central bank is all-but certain to cut interest rates on Tuesday, money markets show, after a key manufacturing gauge in top trading partner China slumped. Traders are pricing in a 25 basis-point cut by Reserve Bank Governor Philip Lowe and his board as a done deal and see a slight chance of a 50 basis-point reduction. At the …

Bloomberg Barclays Plc’s board should remove its boss Jes Staley from the board of directors following the disclosure of his ties with deceased financier and offender Jeffrey Epstein, according to its top shareholder. Edward Bramson’s Sherborne Investors Management LP said in a letter on Monday it “strongly recommends” the board led by Chairman Nigel Higgins “rescind their unanimous recommendation to …