Australia’s top economic agencies are collaborating on a project to review the case for a central bank digital currency in the country.
(Bloomberg) -- Asian stocks look set for a soft start on Tuesday after a dip in US shares on disappointing corporate earnings and a climb in Treasuries amid concerns about the outlook for economic growth.
(Bloomberg) -- Chicago’s airports, libraries and water-purification plants will soon be running on 100% clean energy thanks to a deal announced by Mayor Lori Lightfoot to shift all city-wide operations to renewable sources by 2025, making it one of the largest US metropolitans to pledge such a move.
(Bloomberg) -- SoftBank Group Corp. is selling at least part of its 9% stake in SoFi Technologies Inc., part of a sweeping effort at the Japanese conglomerate to reduce costs and stem losses in the valuation of its technology-focused Vision Fund investment portfolio.
(Bloomberg) -- Chinese banks’ issuance of securities backed by home mortgages has plunged, as the crisis in the nation’s property sector drags down a once-popular and relatively safe investment tool.
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