Bloomberg Royal Bank of Scotland Group Plc, Britain’s largest taxpayer-owned lender, said some of its biggest trading clients must pay interest on collateral as a consequence of low central bank interest rates. Some of the bank’s institutional clients will need to pay interest on funds pledged as collateral when trading futures contracts, the bank said in an e-mailed statement. ...

  Bloomberg US investment bank JPMorgan will include Islamic bonds, or sukuk, in its emerging markets indices for the first time from later this year, widening the appeal of Islamic instruments among global debt investors. JPMorgan, which runs the most widely used benchmarks of emerging market debt, will include eight sukuk across its index family starting Oct. 31. The decision ...

  Bloomberg After a five-year austerity drive, Thai Airways International Pcl is ready to expand again. The carrier plans to add routes and buy new, more fuel-efficient aircraft to replace aging jets, President Charamporn Jotikasthira said in an interview in Bangkok. The airline, which last ordered planes in 2011, is drawing up a 10-year plan through 2027 that will include ...

  Bloomberg Cathay Pacific Airways Ltd., Asia’s biggest international carrier, says it’s getting tougher to find premium fliers from Hong Kong. The lack of first and business-class travelers from the Asian financial center — the worst since the global financial crisis days of 2009 — is such a dent on Cathay’s financials that analysts are asking whether Chief Executive Officer ...

  Bloomberg Chinese airlines need to hire almost 100 pilots a week for the next 20 years to meet skyrocketing travel demand. Facing a shortage of candidates at home, carriers are dangling lucrative pay packages at foreigners with cockpit experience. Giacomo Palombo, a former United Airlines pilot, said he’s being bombarded every week with offers to fly Airbus A320s in ...

  Bloomberg China will restrict the operations of North Korean national airline Air Koryo after one of its planes had to make an emergency landing last month because of a fire on board, it said. The Civil Aviation Administration of China (CAAC) will take “relevant measures to limit operations” for the carrier, it said in a statement on its website, ...

  Bloomberg Prime Minister Theresa May’s decision to delay a new nuclear plant backed by China makes it more likely that expansion at London Heathrow Airport, which also has Chinese investors, will win UK government backing, Chief Executive Officer John Holland-Kaye said. The UK will be reluctant to fuel tension with China, which reacted angrily to May’s decision last month ...

  Bloomberg Post Properties Inc. shares rose the most in seven years after Mid-America Apartment Communities Inc. agreed to buy the real estate investment trust for about $3.9 billion, forming a company with about 105,000 multifamily units amid rising demand for rental housing. Post Properties investors will get 0.71 of a Mid-America share for each of their shares, the companies ...

  Bloomberg Starwood Property Trust Inc. plans to sell its European real estate loan servicing business Hatfield Philips International and has chosen Situs Group LLC as the preferred bidder, two people with knowledge of the matter said. HPI, which manages about 11.3 billion pounds ($14.8 billion) of loans in 15 countries, will bolster the European business of Houston-based Situs, which ...

  Bloomberg Canada’s hottest housing market may be cooling. Home sales in Vancouver fell a third straight month in July, the Canadian Real Estate Association said, with price gains also showing signs of slowing. The data should be a relief to buyers and policy makers who have been growing increasingly worried about affordability in the city, and suggest Vancouver’s market ...