Paris /AFP Paris will open its first refugee camp in mid-October, Mayor Anne Hidalgo said on Tuesday, unveiling plans to take hundreds of people off the streets as France struggles to accommodate migrants. The emergency shelter, which will have an initial capacity of 400 and be solely for men, will be housed on an old railway site in the ...

  Warsaw / AFP Palestinian president Mahmud Abbas said on Tuesday that an aide to Israeli Prime Minister Benjamin Netanyahu had suggested delaying a proposed meeting between the two leaders in Moscow on Friday. “Netanyahu’s representative proposed to delay this meeting to a later date. So the meeting will not happen,” Abbas said at a joint press conference in Warsaw ...

  Kabul /AFP Explosions rang out on Tuesday during an hours-long attack on an international charity in Kabul, the latest assault in a wave of violence in the Afghan capital that has killed at least 24 people and wounded dozens. The assault on CARE International began late Monday with a massive car bombing, just hours after the Taliban carried out ...

  Srinagar / AFP A protester died from pellet gun injuries during fresh clashes with security forces on Tuesday in Indian Kashmir, a hospital official said, a day after the government said it would replace the weapons. The 21-year-old man was killed during clashes in Anantnag district southeast of the main city of Srinagar, in which police said scores were ...

  Bloomberg Singapore has increased inspections of banks’ anti-money-laundering and terrorism- financing controls as it steps up enforcement actions against misconduct in the industry, the head of the central bank said. Financial institutions must promote constant vigilance and set the right moral tone, Ravi Menon, managing director of the Monetary Authority of Singapore (MAS), said at an event hosted by ...

  Bloomberg Turkey’s central bank lowered reserve requirements for banks, the third time since July’s attempted coup that the regulator has acted to boost lira and foreign-exchange liquidity. Lira reserve requirement ratios were lowered by 50 basis points, the bank said in a statement on Tuesday. The bank also lowered the amount of foreign-exchange and gold that lenders must keep ...

  Bloomberg The UK state-backed lenders Royal Bank of Scotland Group Plc and Lloyds Banking Group Plc fell in London trading after Deutsche Bank AG analysts cut ratings on their shares on the potential for Brexit to crimp their earnings. RBS fell as much as 3.6 percent after David Lock, an analyst at Deutsche Bank, downgraded the stock to sell ...

  Bloomberg The Bank of Japan’s unprecedented review of its unprecedented monetary policy has stepped up focus on a key group of Governor Haruhiko Kuroda’s allies. A trio of top officials in the Monetary Affairs Department, led by Executive Director Masayoshi Amamiya — referred to by some as BOJ — is leading the initiative, according to people familiar with the ...

  Reuters Bahrain-based Al Baraka Banking Group, one of the Gulf’s top Islamic banks, said its Pakistani unit would merge with Pakistan’s Burj Bank to create an institution with assets totalling more than $1.1 billion. The merger, which was approved by shareholders of the two banks last month and still needs regulatory approvals, would see Burj Bank holders receive one ...

  Bloomberg Standard Chartered Plc will look beyond Angola’s oil and gas industry to pursue growth and remains committed to the southwest African nation even as a plunge in crude prices batters the economy, according to the U.K. lender’s local partner. The bank was “focused on the oil sector but with changes we’re seeing today in the market an adaptation” ...