Bloomberg China’s central bank said it has met with onshore lenders to discuss allowing them to trade in the offshore yuan market, a move that would accelerate convergence between the country’s two exchange rates. As the country increasingly opens up its currency market, Chinese commercial banks have a growing need for better integration between the onshore and offshore markets, ...

  Bloomberg Scandinavia’s biggest bank said it has more than enough capital to meet regulatory requirements following a report it may need to turn to markets to fill an alleged shortfall. Nordea Bank AB said on Tuesday it had a common equity Tier 1 capital ratio of 16.7 percent in March, exceeding the 15.6 percent requirement set by the Financial ...

  Bloomberg Brookfield Asset Management Inc. is in talks with State Bank of India, the country’s largest lender, about forming a joint venture to invest in stressed Indian assets, people with knowledge of the matter said. Brookfield, Canada’s largest alternative asset manager, has discussed investing about 70 billion rupees (US$1 billion) in the venture while SBI and its associate banks ...

  Bloomberg The Bank of England allotted less to banks in the second of its extra liquidity operations being held to assure sufficient funding around Britain’s referendum on European Union membership. Banks sought just 370 million pounds (US$546 million), compared with 2.46 billion pounds at the previous extra indexed long-term repo operation on June 14, according to the central bank. ...

  Bloomberg Britain’s referendum on European Union membership remained too close to call two days before the vote, with separate polls showing leads for both sides and billionaire investor George Soros warning of a slump in the pound should voters back Brexit. A YouGov poll of 1,652 voters for the Times newspaper published late on Monday showed “Leave” at 44 ...

  CAPEL-LE-FERNE, England / AP Rob Warnock is a proud British farmer and the son of a proud British farmer, and he hopes his son will follow in his footsteps one day. He’s also a European Union farmer, but that is not a legacy Warnock wants to pass on to his 6-year-old son. Warnock plans to vote this week for Britain ...

  Newlyn, United Kingdom / AFP The EU has lavished more money on people in Cornwall than any other part of England, but that has not bought it popularity — and many in this remote southwestern peninsula will back Brexit in Thursday’s vote. In the harbour at Cornwall’s biggest port, Newlyn, fishing boats fly “Vote Leave” flags from their rigging, while ...

  London / Bloomberg The leaders of some of France’s top companies urged their British neighbors to stick with the EU to safeguard jobs and investment, less than 48 hours before polls open for the Brexit referendum. In a joint letter published in English on Tuesday, 34 corporations including 16 listed on France’s benchmark stock index, called on the U.K. ...

  BLOOMBERG Investors took a positive cue from the latest polls on Britain’s referendum over European Union membership, with global stocks advancing and the pound rising to the highest level since before the vote date was set. The dollar weakened before Federal Reserve Chair Janet Yellen speaks on monetary policy. Sterling strengthened for a third day even as separate opinion ...

  Bloomberg India may import the most wheat in a decade as output declines in the world’s second-biggest producer. Imports may total 5 million metric tons in 2016-17, the most since 2006-07, according to the median estimate of seven traders surveyed by Bloomberg. Production is set to decline 1.8 percent to 85 million metric tons in the year through June ...