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  Bloomberg India’s central bank unexpectedly left borrowing costs unchanged for a second straight meeting and signaled that its interest-rate easing cycle is coming to an end. The benchmark repurchase rate was left at a six-year low of 6.25 percent, the Reserve Bank of India said in a statement in Mumbai on Wednesday. The move was predicted by just five ...

  Bloomberg China’s central bank is holding a closed-door meeting with several domestic bitcoin exchanges, people familiar with the matter said, heightening concerns that regulators will tighten their oversight of trading in digital currencies. Officials from the People’s Bank of China are meeting with representatives from a number of the nation’s trading venues, the people said, asking not to be ...

  Bloomberg Six defendants, including ex-Deutsche Bank AG trader Christian Bittar, pleaded not guilty to accusations of conspiring to manipulate a key interest-rate benchmark while working at the German lender and Barclays Plc in a London court. Bittar, one-time colleague Achim Kraemer, and ex-Barclays employees Philippe Moryoussef, Colin Bermingham, Carlo Palombo and Sisse Bohart all denied the charges on Tuesday. ...

  Bloomberg Australia’s central bank is more likely to cut interest rates than raise them if it moves at all this year, while an appreciating local dollar could make economic conditions tougher for industries outside mining, UBS Group AG’s Anne Anderson said. “Should they need to ease, I think it’s more likely that they would have to take a more ...

  Bloomberg Of all the lasting effects of Edward Snowden’s leaks, there’s one photo that leaves a particularly strong mark. In it, US federal employees in T-shirts and blue jeans are seen intercepting network equipment from Cisco Systems Inc. at a shipping facility. The feds in the photo, their faces obscured, were reprogramming the machines to spy on people’s activities. ...

  Bloomberg Ericsson presented its latest 5G, IoT and Cloud solutions at the 7th edition of the leading ICT event in Bahrain (BITEX), which is being held from February 7- 9. BITEX Bahrain was a great opportunity for Ericsson to introduce its capabilities and vision of the Digital Transformation journey, along with the introduction of 5G and IoT to the ...

  DUBAI / Emirates Business Sony’s new RM-IP500 remote controller gives operators easier and more intuitive control of its latest pan-tilt-zoom (PTZ) cameras in a range of applications including lecture capture for education, event production and broadcast. The RM-IP500 controller is designed to work with Sony’s new BRC-H800, BRC-H900, BRC-X1000, and SRG-360SHE PTZ cameras as well as the new MCX-500 ...

  Bloomberg In the 2003 documentary Living With Michael Jackson, the late King of Pop was filmed shopping for art and furniture in a Las Vegas store, pointing at things he liked and walking out, leaving his handlers to settle the bill. Now, a startup in Japan is trying to make that retail experience a reality for everyone. Primo’s app ...

  Bloomberg Apple Inc. has stepped up its battle with Australia’s banking industry over the future of mobile payments, accusing an industry consortium of attempting to “delay or even block” the expansion of Apple Pay into the country. In its latest submission to the Australian Competition & Consumer Commission, Apple said it was concerned banks are seeking to “delay the ...

  DUBAI / Reuters Strong corporate earnings in Egypt and Dubai buoyed those markets on Tuesday, while Kuwait continued pulling back on profit-taking after a bullish run last month. Cairo’s Palm Hills Development soared 9.2 percent to 3.08 Egyptian pounds after it reported fourth-quarter consolidated net profit after minority interests of 235 million pounds ($12.7 million) versus 169 million pounds ...