Bloomberg Business

Customers of Singapore’s DBS Group Holdings Ltd. and Citigroup Inc. were unable to access banking facilities for several hours after an issue at a data center used by the lenders.

Sri Lanka is urging China to share with other creditors the terms of its recent $4.2 billion bilateral debt deal, a step needed to help the bankrupt nation speed up the process of restoring its finances more than a year after it defaulted.

African finance ministers appealed for help and “common humanity” in their fight against a vicious funding squeeze caused by mistakes its politicians blame on wealthy countries, which the Israel-Hamas war may now make worse.

Investors are growing more confident that a year-long slump in profits for Corporate America is about to end. Yet a fragile economic outlook, wary consumers and the highest interest rates in 16 years mean any relief for stocks could be short-lived.

Ferrari NV is allowing US customers to pay for its luxury sports cars using cryptocurrency, with plans to expand the payment method to Europe by the first quarter of 2024, Reuters reported Saturday.

Federal Reserve officials look set to hold interest rates steady for the second time in a row next month — but they’re far from calling an end to their tightening campaign.

With the Securities and Exchange Commission opting against appealing a ruling that paves the way for Grayscale Investments LLC to convert its Bitcoin trust into an exchange-traded fund, analysts are now trying to gauge how the process may unfold from here.

China’s economy and property market have shown signs of improvement and local government debt risks are “manageable,” according to central bank chief Pan Gongsheng.

Northern Ireland’s Democratic Unionist Party said that talks with the British government “are making progress” but that more needs to be done before the party would return to the region’s power-sharing executive.

Now that the higher-for-longer interest-rate era has arrived, global finance officials are getting worried about the consequences.