China’s credit demand improved, deflationary pressures eased and the yuan rallied, adding to a recent trickle of signs that the economy and financial markets may be stabilizing after a sharp downturn.
Europe’s September heat wave will persist in Germany, France and Poland at the start of the week, while thunderstorms will break through in Spain and elsewhere.
US-based crypto exchange Coinbase Global Inc. said it will disable some Indian accounts while adding that the company remains “committed” to opportunities in the nation over the long term.
The yen advanced the most in two months against the dollar and Japanese government bonds slumped after Bank of Japan Governor Kazuo Ueda aired the possibility of ending the developed world’s last key negative interest rate.
Traders in the $325 billion industry for emerging-market exchange-traded funds are shifting cash toward strategies that focus on brighter spots in the developing world as China’s economy stumbles.
The European Central Bank will remove a capital surcharge on some lenders after they addressed shortcomings in their leveraged finance businesses.
India’s rapidly developing instant payments system, the Unified Payments Interface, drove digitization in the world’s most populous country. Now, risks need to be managed for its new voice-enabled feature to ensure further inclusion, according to bankers.
Tata Group’s unit Titan Co. is in early talks with banks as it mulls selling its first ever local-currency bond for 30 billion rupees ($362 million), according to people familiar with the matter.
Vistry Group Plc announced a plan to solely focus on building homes for affordable housing providers and rental landlords in the UK as private sales struggle in the face of higher borrowing costs. Its shares surged.
French President Emmanuel Macron rejected a demand by Niger’s military rulers to withdraw its troops from the West African nation after a coup strained relations between the two countries.
