Bloomberg Business

One of China’s most closely watched property firms warned of a funding shortfall just days before a key dollar-bond payment, fueling fresh investor concerns about credit risk in the world’s second-largest economy as growth sputters.

Peru — Latin America’s fastest growing major economy this century — is facing what was once unthinkable: a technical recession at a time of global growth.

South Korean President Yoon Suk Yeol headed down to the storm-battered towns of South Korea, as the latest downpours left at least 40 people dead and nine missing in floods and landslides, according to the interior ministry.

China’s economic recovery lost momentum in the second quarter, putting Beijing’s growth target for the year at risk and adding to concerns about a slowdown in the world economy.

Conservative opposition leader Alberto Nunez Feijoo enters the final week of campaigning on course to become Spain’s next prime minister but he also faces difficult negotiations with the far-right group Vox.

Ron DeSantis’s team sought to reassure donors about the rocky start to his presidential campaign bid by summoning them to Tallahassee for a briefing with senior staff and holding a reception at the Florida governor’s mansion on Sunday afternoon.

Stroll through the West Hackberry oil facility on the US Gulf Coast and there’s not much to see: some pipelines and other industrial equipment. But buried deep beneath the surface are storage caverns so massive they’re tall enough to house the Empire State Building with plenty of room to spare.