Bloomberg Philippine President Rodrigo Duterte once again floated the idea of a vice-presidential run in the 2022 elections, saying it would give him immunity from lawsuits. “They keep on threatening me with lawsuits and everything,” Duterte said at his ruling party’s assembly meeting, referring to his political enemies. “But the law says if you’re president, vice president, you have immunity. ...

Bloomberg China’s digital yuan trial has reached 34.5 billion yuan ($5.3 billion) in transaction value as the central bank continues to outpace global peers in developing a virtual currency. Across China, more than 20.8 million individuals have opened a virtual wallet that stores the digital currency and have made more than 70.7 million transactions in total, the People’s Bank of ...

Bloomberg Nomura Holdings Inc is raising the salaries of its entry-level bankers to $100,000, the latest lender to boost pay as the industry struggles to retain junior talent that has been inundated by deal flow amid the work-from-home grind. The Japanese brokerage will introduce the pay bump in July, according to a person with knowledge of the matter. The move ...