Bloomberg President Joe Biden vowed to “root out systemic racism” in a statement to mark the 100th anniversary of the Tulsa race massacre, which wiped out one of the nation’s most prosperous Black neighbourhoods. Biden will travel to the Oklahoma city this week to commemorate the massacre that took place on May 31 and June 1, 1921, when a White ...

Bloomberg Australia’s central bank maintained its policy settings as it prepares to decide on extending its yield target and quantitative easing programs, with a Covid-19 lockdown complicating the outlook. The Reserve Bank of Australia kept the cash rate and three-year yield target at 0.10% in Sydney on Tuesday, as expected. It will make a decision in July on whether to ...

Bloomberg Hong Kong urged all banks to “strongly encourage” staff in client-facing roles or support functions to get vaccinated as the city struggles with local resistance to its free rollout. Banks should “identify and draw up a list of designated staff expected to receive inoculation,” Hong Kong Monetary Authority Deputy Chief Executive Arthur Yuen said in a circular to financial ...