Bloomberg Business

A key barometer of oil market health has slumped as strikes in France worsened sentiment amid turmoil in the banking sector.

The Bank of Japan indicated a cautious stance toward pivoting from massive easing before achieving its inflation target, helping cool market speculation over any big monetary policy shift at the start of incoming governor Kazuo Ueda’s term.

Asian economies are in a better position than their developed-world counterparts to absorb shocks from a banking crisis that has roiled global financial markets, according to analysts at Morgan Stanley.

The Philippine central bank may increase its key rate by 25 basis points or leave it unchanged at its policy meeting on Thursday, Finance Secretary Benjamin Diokno said.

Sea Ltd. has made the changes it needs to deliver profits over the long haul, billionaire founder Forrest Li said in a memo to staff, assuring workers who had survived months of steep job cuts that the worst is over.

India will spend about 980 billion rupees ($12 billion) over the next two years on airports, with airline orders for hundreds of new planes to meet resurgent travel demand putting pressure on existing infrastructure.

Shares of China Huarong Asset Management Co. plunged Monday after the bad-debt manager forecast a massive loss for last year.

The Federal Reserve and five other central banks announced coordinated action Sunday to boost liquidity in US dollar swap arrangements, the latest effort by policymakers to ease growing strains in the global financial system.

Credit Suisse Group AG will go ahead with a Hong Kong investment conference this week even after it was taken over by its fiercest Swiss rival after a turbulent week.