Bloomberg Business

UK banks are becoming increasingly cautious about lending for housing development in London, the latest signal that the outlook for the capital’s property market is weakening.

FTSE Russell said South Korea will continue to remain on the watch list for inclusion to its global bond index — and India for the emerging-market equivalent — extending the countries’ wait to be added to the key indexes by at least another six months.

Malaysian Prime Minister Anwar Ibrahim said he sees no pressing need to reshuffle his cabinet, after local media said discussions for a change were intensifying.

Senior US and Chinese officials held “candid” talks in Washington as a flurry of high-level diplomacy bolsters expectations President Xi Jinping will attend a major summit in California this year.

Vietnam’s economy accelerated for a second straight quarter on the back of stronger performances by its key growth drivers — manufacturing and exports.

Oil buyers across the planet are facing some of the highest premiums for supplies they’ve seen in months — or longer — as dwindling stockpiles at the largest US storage hub reverberate through markets from Asia to the Middle East to Europe.

A missed payment on a China Evergrande Group unit’s yuan bond is raising questions about the usefulness of recent debt extensions granted by Chinese investors.

Argentina’s congress approved a bill that will eliminate income taxes for almost all formal workers, a measure poised to put more pressure on a ballooning fiscal deficit that’s underpinning 124% inflation before October’s presidential elections.

Diplomatic tensions between Beijing and Canberra threaten to flare anew over a stream of Australian lawmakers visiting Taiwan, including former Prime Minister Scott Morrison who triggered a breakdown in relations with China in 2020.