Bloomberg Business

Banks say the European Central Bank may need a new funding program to help lenders make large repayments on pandemic-era loans without roiling the region’s money markets.

The European Central Bank is poised to slow the pace of interest-rate increases after its preferred inflation measure eased for the first time in 10 months.

Polish pension funds are fighting to preserve what little options they have left to invest in Warsaw’s shrinking stock market.

German Chancellor Olaf Scholz heads to Kenya and Ethiopia on Thursday as part of a European effort to make inroads with countries of the so-called Global South and push back against the influence of authoritarian nations such as Russia and China.

Within hours of the Federal Reserve’s latest policy decision, traders and commentators alike had started to challenge Chair Jerome Powell’s assessment of the economy.

The US Senate voted Wednesday to reinstate tariffs as high as 254% on solar panels from Southeast Asia, underscoring a deep clash over continued US reliance on foreign imports to drive the nation’s renewable-energy development.

China’s Tianqi Lithium Corp. is considering buying a minority stake in Smart Automobile Co. as part of the iconic minicar maker’s latest private funding round, according to people familiar with the matter.

President Joe Biden has picked Federal Reserve Governor Philip Jefferson for a promotion to vice chair and will nominate economist Adriana Kugler to an open board slot, according to people familiar with the matter.

Investors are increasingly convinced that central banks across Asia will follow the Federal Reserve in swiftly closing out this policy tightening cycle and are bracing for interest-rate cuts later this year.