Russia’s Finance Ministry doubled the amount of Chinese yuan and gold it can hold in the national wealth fund with much of its savings frozen by international sanctions over the invasion of Ukraine.
China will extend the trading hours for the onshore yuan as the government pushes ahead with plans to internationalize the currency.
Spain will require passengers arriving from China to provide a negative Covid test or a certificate proving full vaccination amid increasing concern about a renewed surge of the virus.
Sri Lanka’s inflation slowed in December for a third straight month as tight monetary policy crimped demand and supply conditions normalized.
The UK government is set to halve the level of support it gives to businesses to help with their energy bills, the Times newspaper reported.
No novel Covid-19 variants have emerged in China, according to a global consortium that’s tracking coronavirus mutations, potentially easing concerns that the country’s record wave of infections would give rise to new strains that could circulate around the world.
Turkey will boost the share of lira deposits in its banking system with policies intended to diversify savings away from foreign currencies such as the US dollar, the central bank said in an annual policy statement on Friday.
Indonesia will do away with indoor mask mandates and remove the requirement to show proof of vaccination when entering buildings, becoming one of the last few countries to completely end Covid-19 restrictions.
Toshiba Corp.’s preferred bidder won’t secure letters of commitment from banks by year-end, casting yet more uncertainty over a deal as disagreements over lending terms persist after months of negotiations.
UK house prices fell for a fourth month, adding to concerns a deeper slump may now be underway.
