SYDNEY, June 30 (Reuters) – Westpac Banking Corp said its venture capital fund had invested an undisclosed amount in U.S. bitcoin start-up Coinbase in the first such deal by an Australian bank in the largely unregulated virtual currency.
SHANGHAI, June 30 (Reuters) – The People’s Bank of China (PBOC) on Tuesday lowered its guidance rate for the seven-day reverse bond repurchase agreement to 2.50 percent from 2.70 percent the previous week.
Uber’s financial performance is shakier than previous reports suggested, based on the leaked numbers reported by Bloomberg on Tuesday. The numbers, which Bloomberg said were part of a term sheet for a bond offering that Uber is planning, provide a rare glimpse into the popular ride-hailing business’ money-making machine…
SINGAPORE, June 30 (Reuters) – Singapore’s total bank lending grew in May for the first time in four months on stronger demand for credit for general commerce and financial institutions, central bank data showed on Tuesday.
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