Bloomberg Business

European Central Bank Governing Council member Joachim Nagel refused to exclude that interest-rate increases may persist beyond the summer.

Mohamed El-Erian said the Bank of England needs help from the UK government and others in bringing inflation down from double digits.

The International Monetary Fund said Pakistan will scrap a new fuel subsidy proposal, a decision that potentially clears a hurdle to unlocking a long-delayed $1.1 billion loan disbursement.

Tokyo Electron Ltd., one of the world’s largest suppliers of chipmaking equipment, projected earnings well below analysts’ estimates in another negative signal for the global semiconductor sector.

Traders are pushing back expectations for a devaluation in the Egyptian pound, with Citigroup Inc. predicting that the central bank will likely hold off on such a move at least through the end of next month.

A deal between South Korea and Japan to remedy a long-running impasse can help work with their US ally to share intelligence on North Korea and boost their economic leverage with China, according to a top architect of the pact.

The cost to borrow overnight in Hong Kong jumped to a 16-year high as official efforts to enforce the city’s currency peg with the US dollar cascaded through funding markets.

There’s been no significant progress on the Association of Southeast Asian Nations’ five-point peace proposal for Myanmar that would include ending violence and committing to free elections, according to Indonesia President Joko Widodo.

Armed with well over $30 billion in weapons freshly supplied by its allies, Ukraine is gearing up for a counteroffensive that may push Russia closer to ending its war, or show neither side has enough firepower to seize the advantage.

Australia’s central bank considered alternative policy scenarios where its cash rate peaked at 4.8% without triggering an economic downturn, internal documents show, suggesting further tightening might be in prospect.