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Bloomberg Kosovo agreed to postpone a plan to make government-issued identification cards and car plates mandatory for all residents after members of its restive Serb minority blockaded roads in protest. Kosovo, which declared independence from Serbia in 2008, delayed the planned rule until September 1 rather than imposing it on Monday as originally planned. Nato’s peace-keeping mission in the former ...

  Bloomberg Myanmar will prioritize restoring stability before holding elections, junta chief Min Aung Hlaing said a day after the military government extended the country’s state of emergency for another six months until February 1, 2023. The regime will prioritize improving the country’s public security system and restoring law and order to hold free and fair elections, Min Aung Hlaing ...

Bloomberg HSBC Holdings Plc shares rise after it delivered better-than-estimated profits and pledged to return to paying quarterly dividends next year as it seeks to head off a call by its largest shareholder to split up. Helped by rising interest rates and a jump in income from currency trading, adjusted pretax profits rise 13% to $5.97 billion in the second ...

Bloomberg The yen’s summer revival entered a fourth day, putting it on track for the longest rally since February, as one of the biggest macro trades of the year continues to unwind. The Japanese currency climbed as much as 1% to just below 132 per dollar. Hedge funds are selling down dollar positions and increasingly buying the yen as a ...

  Bloomberg The UK has paid lenders £352 million ($429 million) to cover losses so far on virus loans to small businesses, a number that’s likely to grow further with £1.6 billion of further claims lodged by the lenders at the end of March. Metro Bank Plc, which lent a total of £1.4 billion under the Bounce Back Loan Scheme, ...

  Bloomberg Quilter shares surged the most on record after a report that Natwest Group Plc is considering a bid for the wealth manager. A takeover would be NatWest’s biggest deal since its bailout during financial crisis more than a decade ago. Once one of world’s largest banks, it transformed into a largely domestic retail lender and is still part-owned ...

  Bloomberg Colombia raised interest rates to the highest level since 2009 as a slump in the peso adds to inflationary pressure in Latin America’s fastest-growing major economy. The central bank increased its benchmark rate by 1.5 percentage points for a second straight month, to 9%, governor Leonardo Villar told reporters after the meeting. Six board members voted for the ...

Bloomberg European stocks ticker higher as corporate earnings continued to deliver upside surprises while investors assessed remarks from central bankers that higher interest rates are needed to bring inflation under control. The Stoxx 600 Index rises 0.2%, led by banks, as HSBC Holdings Plc posted better-than-estimated profits. S&P 500 contracts slipped following the best month for US stocks since November ...

  Bloomberg Bitcoin declined after reaching the highest levels since mid-June on Saturday amid optimism that the market may have recovered from its worst levels. The largest cryptocurrency dropped as much as 2.8% to $23,130 on Monday after hitting $24,658 on Saturday, its highest since June 13. Its 27% gain in July made for the best month since October. Ether ...

  ABU DHABI / WAM The central bank of the UAE (CBUAE) issued a notice to all banks and finance companies operating in the UAE on housing loans granted to beneficiaries of Home Finance of Sheikh Zayed Housing Programme (SZHP). The notice included details of the CBUAE decision, in agreement with SZHP and in line with Article (5) of the ...