Bloomberg Business

European regulators are telling banks that sailed through an early round of this year’s stress test that the final results will be less rosy.

China’s No. 2 official Li Qiang began his first overseas trip since becoming premier, as the government of the world’s second-largest economy attempts to prevent ties with Europe deteriorating to lows reached with the US.

China’s slow stimulus rollout is adding to concerns about the weakening economy and fueling a debate over how far authorities will go to bolster growth.

India’s National Stock Exchange is planning to offer derivatives based on its bond indexes, according to people familiar with the matter, as it seeks attract more investors to its platform.

The European Union’s executive arm proposed Monday to simplify tax rules to avoid double taxation for citizens and companies and to crack down on behavior that led to the Cum-Ex and Cum-Cum tax scandals.

The Bank of England faces “one of the trickiest sets of policy challenges” among major central banks, El-Erian warns.

The Bank of England is examining how hedge funds, pension funds and other financial firms behave under pressure and how this could threaten the UK’s financial stability.

Ghana is anticipating “very hard” talks with eurobond holders in the coming months as it plans to reach an agreement on restructuring its investments by a self-imposed deadline of September.