Bloomberg UBS Group AG reduced the 2018 bonus pool for its investment bankers in Asia by about 8 percent after a slump in equity offerings last quarter hurt fees, according to people familiar with the matter. Managing directors were the hardest hit, the people said, asking not to be identified because the information is confidential. More executive directors will get …

Bloomberg The world’s lowest interest rate will be around for longer than previously anticipated, with economists forecasting that a dovish shift for central banks around the world will also affect Switzerland. Citing a delay in European Central Bank tightening, Zuercher Kantonalbank’s David Marmet pushed back his expectations for a 25 basis point increase in the Swiss National Bank’s deposit rate …

Bloomberg New Zealand’s central bank may acknowledge the rising risk of an interest-rate cut when it delivers its first policy decision of the year. While Governor Adrian Orr is expected to hold the official cash rate at a record-low 1.75 percent on Wednesday and signal no change for some time, he could concede there’s an increasing possibility of looser policy …