Bloomberg Business

Credit Suisse’s Wealth Unit Halts Margin Loans on Adani Debt

Credit Suisse Group AG has stopped accepting bonds of Gautam Adani’s group of companies as collateral for margin loans to its private banking clients, a sign that scrutiny of the Indian tycoon’s finances is growing after allegations of fraud by short seller Hindenburg Research.

Pakistan Inflation at 48-Year-High as Supplies Jam in Ports

Pakistan’s inflation quickened to the fastest in almost 48 years in January as thousands of containers of food items, raw materials and equipment are stuck in ports after the cash-strapped government curtailed imports.

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