Bloomberg Uncertainty around Brexit may be mounting as political leaders from the UK and the European Union clash on the terms of separation, but that isn’t slowing down foreign investors from betting on Britain’s top peer-to-peer lenders. Varengold Bank AG, a Hamburg-based private banking firm, will provide £45 million (S$82.06 million) in annual funding for loans to small businesses arranged ...

Bloomberg The Swiss National Bank (SNB) gets flak for everything ranging from its investments to the strength of the franc. One group that can’t complain this year: its stockholders. Since January the SNB’s shares have more than doubled in value, touching a peak of 3,825 francs ($3,980) on Sept. 14. With some 48 percent of the central bank’s total stock ...

Bloomberg Australia’s central bank expects to see solid employment growth ahead as the economy gradually picks up, while noting risks from housing debt outpacing household income. In minutes of this month’s policy meeting, where interest rates were left unchanged, the Reserve Bank of Australia gave no signal policy was set to change any time soon. Employment growth had been broadly ...

Bloomberg A public rift between Thailand’s central bank and government on interest rates shows just how much of a dilemma the baht has become for the economy. The Finance Ministry is pushing the Bank of Thailand to cut interest rates to stimulate growth, in light of the strength of the currency and low inflation. That’s clashing with the bank’s aims ...

Bloomberg The pound’s dramatic reversal of fortunes this month has left analysts racing to catch up. Strategists are revising their estimates for the currency after its best week since 2009 saw it gain almost 3 percent as the Bank of England signaled it would look to withdraw stimulus “over the coming months.” Sterling touched $1.36 on Monday, while the median ...

Bloomberg The bitcoin rally is proving hard to stop. The cryptocurrency has breached $4,000, soaring more than 20% from the lows reached Friday, as concern eases that a crackdown by Chinese regulators will hinder the growth of the alternative method of exchange. After reaching a record high of $4,921 on 1 September, the digital currency fell as low as $2,975 ...

Bloomberg The Bank of Canada gave the strongest indication yet it is concerned about the Canadian dollar’s recent gains, with a top official saying policy makers will closely monitor the currency’s impact on the economy. In the bank’s first public remarks, since raising interest rates, Deputy Governor Timothy Lane spoke to a business audience in Saskatchewan where he outlined the ...

Bloomberg Prime Minister Justin Trudeau says Canada won’t buy Boeing Co. fighter jets while the company pursues a trade challenge against Montreal-based Bombardier Inc. over its commercial aircraft. Trudeau made his threat to halt what he called Canada’s “significant procurement” of F-18 Super Hornets alongside UK Prime Minister Theresa May. Both leaders are pressing the US firm to drop its ...

Bloomberg Northrop Grumman Corp.’s $7.8 billion purchase of Orbital ATK Inc. will expand its space and missile businesses just as the US steps up efforts to defend against a possible strike by North Korea and threats in the Middle East. The deal cements a turnaround for Northrop, which had been the target of breakup speculation before it scored an upset ...

Bloomberg Airline passengers will be able to avoid the pre-flight ritual of lugging heavy bags to the airport and around the departure terminal as the world’s first pop-up check-in system enters service. Devised by Amadeus IT Group SA, the technology will facilitate check-in for groups of travelers at hotels, schools, conference centres and sports stadiums, the world’s biggest flight-bookings provider ...