Bloomberg Business

The Monetary Authority of Singapore’s policy pause last week paves the way for the local dollar to become a funding currency, according to HSBC Holdings Plc.

Australian Treasurer Jim Chalmers said an independent review of the Reserve Bank has made some recommendations that will require changes to the institution’s operating legislation, while adding that he expects to release the report in the next week or so.

Myanmar’s military rulers have announced the release of more than 3,000 prisoners as part of a holiday amnesty, a week after one of the deadliest air strikes carried out by the junta since it seized power.

Before an audience full of former Christines and phantoms, including original cast member Sarah Brightman, the hit show performed its final bow, ending a 35-year streak on Broadway. 

China’s economy likely picked up in the first quarter as Covid Zero was abandoned, though key data this week are still expected to show some signs of unevenness that may call into question how sustainable the recovery is.

Signs of an economic slowdown are flashing in the global diesel market.

President Vladimir Putin praised ties between the Russian and Chinese militaries, underscoring Moscow and Beijing’s strategic relationship as he met with China’s defense minister on Sunday.

UK Prime Minister Rishi Sunak is expected to receive a boost this week as inflation slips back into single digits, raising hopes that the quickest series of interest-rate increases in three decades is coming to an end.

Chinese liquor company ZJLD Group Inc. is seeking to raise as much as HK$6.37 billion ($812 million) through an initial public offering that is set to be Hong Kong’s largest this year.

The Bank of England is considering an overhaul of its deposit guarantee scheme after the recent global banking crisis, the Financial Times reported, citing people briefed on the central bank’s plans.