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Bloomberg Chinese banks’ stockpile of foreign-currency deposits has surpassed $1 trillion for the first time, …
Read More »China banks stockpile record $1 trillion of foreign exchange
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Citigroup joins rivals helping wealthy clients access crypto
Bloomberg Citigroup Inc is taking another step into the world of cryptocurrencies. The Wall Street …
Read More »Visa to buy open-banking platform Tink for $2bn
Bloomberg Visa Inc has agreed to buy Swedish open-banking platform Tink AB as the payment …
Read More »Korea to lead Asia’s rate-hike cycle as Lee flags 2021 move
Bloomberg The Bank of Korea (BOK) once again looks set to spearhead Asia’s first interest-rate …
Read More »Mexico central bank to keep 4% rate amid inflation debate
Bloomberg Mexico’s central bank is seen holding its key interest rate at a five-year low, …
Read More »BOE warns against tightening too soon as inflation surges
Bloomberg The Bank of England (BOE) pushed back against speculation that a surge in UK …
Read More »Reopening stocks fuel $6 trillion boom in post-pandemic market
Bloomberg A $6 trillion boom in US equities to open 2021 is leaving the pandemic’s …
Read More »Global IPO market has never been hotter than it is right now
Bloomberg Companies are racing to public markets like never before, cashing in on record-high stock …
Read More »IMF gives unanimous support to $650 billion reserves plan
Bloomberg The International Monetary Fund (IMF) board gave its unanimous support to a proposal to …
Read More »Oil rises for fifth week as focus turns to upcoming Opec+ meet
Bloomberg Oil posted its fifth straight weekly gain, the longest winning streak since December, as …
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