Bloomberg Business

The European Central Bank can’t relent in its fight to tame inflation even as maintaining the current level of interest rates is the “base case,” according to Chief Economist Philip Lane.

Chinese stocks listed in Hong Kong slumped as trading resumed after a holiday, hurt by a broad risk-off mood across the region and continued concern about the nation’s economic outlook.

The World Bank lowered its economic growth forecast for South Asia for next year, although still expects it to be the fastest-growing emerging market region.

Some European Union officials and diplomats worry that a new list of critical technologies being unveiled Tuesday could be used as a back door to widen the scope of state aid policies that mostly benefit larger member states.

Turkish inflation accelerated to the fastest this year as higher energy costs complicate efforts to contain domestic demand with jumbo interest-rate hikes.

As OPEC+ ministers prepare to review global oil markets, the group is showing no signs of cooling a rally that brought prices near $100 a barrel.

Singapore authorities seized or froze assets worth more than S$2.8 billion ($2 billion) in one of the city-state’s largest money laundering investigations, a senior official said on Tuesday while signaling the government could tighten immigration rules to curb illicit inflows.

Rishi Sunak unveiled a new campaign slogan at this week’s Conservative Party conference: “Long-term decisions for a brighter future.”