Bloomberg Business

India announced steps to deepen its foreign exchange market by allowing local residents trade currency derivatives contracts popular in the offshore market, according to the central bank.

More and more UK companies might be touting the lure of deeper capital markets in New York, but few have found success overseas.

Private refiners in China, the largest crude importer, are snapping up more Iranian oil as competition for supplies from Russia rises.

Expectations that emerging Asia central banks are reaching the peak of their interest-rate hike cycles got another boost after the Reserve Bank of India surprised markets by standing pat on policy, in a bullish sign for the region’s bonds.

Finland’s outgoing Prime Minister Sanna Marin has submitted the resignation request of her government to President Sauli Niinisto on Thursday following parliamentary elections last weekend.

National Investment & Infrastructure Fund, India’s state-backed manager with $4.3 billion of assets, is close to picking a new Chief Executive Officer, according to people familiar with the matter.

US Representative Michael McCaul compared Chinese leader Xi Jinping to Adolf Hitler while standing alongside Taiwan’s vice president, who is set to compete for the ruling party in an election next January.

Turkish President Recep Tayyip Erdogan said the market-friendly former finance minister Mehmet Simsek is leading an overhaul of economic policy, signaling a possible shift after next month’s elections if the ruling party stays in power.