Bloomberg Business

UK house prices are falling at their fastest annual pace since 2011, Halifax said, as the property market shows signs of strain in the face of rising borrowing costs.

German industrial production unexpectedly fell in May, casting a shadow over the recovery in Europe’s largest economy from its recent recession.

A member of the media-mogul Barclay family that previously controlled the Daily Telegraph said any potential buyers may consider the newspaper to be a “distressed” asset.

Turkey raised a swathe of taxes and fees to boost the government’s income as it tries to fulfill election spending promises and rebuild a region devastated by earthquakes.

The Hong Kong government relaxed its residential mortgage rules for the first time since 2009 in a bid to boost the weakening property market.

The biggest cocoa trade in more than a decade is rattling the London exchange, bringing back memories of when a hedge fund manager known as “Chocfinger” tried to corner the market.

The head of Kenya’s stock exchange expects easier access to dollars to boost foreign interest in the nation and help the world’s worst-performing stock market recover in the second half of the year.

Chinese authorities are weighing plans to support cash-strapped cities and counties by allowing additional local bond issuance to help pay down hidden debt in higher-risk areas, according to people familiar with the matter.

An Indian court refused to suspend Rahul Gandhi’s conviction in a defamation case, a setback for the opposition leader who’s at risk of being unable to contest national elections due in the first half of 2024.

Siemens Energy AG has established an internal taskforce and supervisory board committee after a string of quality problems with its wind turbines triggered a record share price drop, a person familiar with the matter said.