Bloomberg Business

(Bloomberg) — German companies aren’t seeing any evidence of a pickup taking hold in Europe’s biggest economy, according to a survey conducted by the DIHK business lobby. 

China is likely to see its Covid-19 wave peaking at about 65 million infections a week toward the end of June, according to a senior health adviser, while authorities rush to bolster their vaccine arsenal to target the latest omicron variants.

The first gathering of the Asian metals community since the pandemic should have been a celebration, fueled by state stimulus and a long-awaited post-Covid rebound for the world’s top commodities consumer. But the resurgence never came.

The price of houses put up for sale in the UK climbed at the fastest pace in a year as buyers were enticed back by a resilient economy and stabilizing mortgage rates.

Taiwan Semiconductor Manufacturing Co. has reopened a lead over internet giant Tencent Holdings Ltd. as Asia’s biggest company by market value, helped by a resumed rally in chip stocks.

Volatility gauges suggest traders expect smaller near-term swings in Ether compared with Bitcoin, a reversal of the usual pattern for the two largest digital assets in the cryptocurrency sector.

India withdrawing its highest value currency notes from circulation may push some consumers to buy precious metals and real estate, giving a temporary boost to Asia’s third-largest economy.