Bloomberg Myanmar’s military government will not be invited to a meeting of Southeast Asian foreign ministers later this month, VOA Khmer reported Wednesday, citing a Cambodian Foreign Ministry official. The Myanmar junta made little progress in implementing a consensus agreed with the Association of Southeast Asian Nations to stop violence, Cambodia’s Foreign Ministry spokesman Chum Sounry was quoted as ...

  Bloomberg The FBI is investigating a series of bomb threats against several historically black colleges and other institutions across the country this week as hate crimes. “This investigation is of the highest priority for the bureau and involves more than 20 FBI field offices across the country,” the FBI said in a statement. “These threats are being investigated as ...

  Bloomberg New Zealand will finally begin reopening to the world at the end of this month as frustration mounts over a border that’s been closed for almost two years to keep out Covid-19. The border will reopen to vaccinated New Zealanders from Australia at midnight on February 27 and from the rest of the world at midnight on March ...

  Bloomberg Northern Ireland First Minister Paul Givan quit on Thursday, triggering a political crisis as the UK and the European Union struggle to resolve the region’s post-Brexit trading arrangements. “Today marks the end of what has been the privilege of my lifetime — to serve as the first minister of Northern Ireland,” Givan told reporters in Belfast. Givan’s departure ...

  Bloomberg Danske Bank falls the most in three months in Copenhagen trading after cost-cutting measures by Denmark’s biggest bank failed to yield the results expected by the market. The shares slid almost 6% before regaining some ground to trade down 3.3% in the Danish capital. The bank’s guidance on costs for this year was worse than expected, Jyske Bank ...

  Bloomberg Bank of America Corp (BofA) sold $9 billion of bonds, joining Wall Street peers in a flood of new deals at the start of 2022 to beat an expected rise in interest rates. The lender sold bonds in five parts, according to a person familiar with the matter. The longest portion, an 11-year fixed-to-floating-rate security, yields 117 basis ...

  Bloomberg Mexico’s central bank will probably raise the key interest rate this month, and then follow inflation data and US Federal Reserve decisions closely to decide its next moves, Banxico board member Jonathan Heath said. The debate for February’s decision will be whether to increase borrowing costs by a quarter point or half a point, he noted in a ...

  Bloomberg Banca Monte dei Paschi di Siena SpA said it will review the position of its chief executive next week, signalling a response to government pressure to replace him amid talks with the European Union (EU) over the nationalised bank’s future. The bank announced that “an item of corporate governance” concerning Chief Executive Officer Guido Bastianini had been added ...

  Bloomberg Citigroup created a new team inside its trading division that will focus on working more closely with minority depository institutions and diverse broker dealers and asset managers. The firm’s new diverse financial institutions group team will be led by Harold Butler, a senior banker who spent 16 years covering the US Treasury Department and the Federal Reserve System ...

  Bloomberg Thailand is preparing rules for the setting up of virtual banks, set to join peers including Singapore and Malaysia in promoting financial technology to spur competition and wider access to banking services. The Bank of Thailand (BOT) plans to issue guidelines for digital banks by June and may allow existing lender and new applicants to seek licenses, Assistant Governor ...