(Bloomberg) — Brittle financial markets and their vulnerability to swings in data are troubling observers gathered by Lake Como just as investors take fright at the prospect of stagflation in Europe.
Beijing and Shanghai lowered mortgage requirements for some homebuyers following guidance from the central government, loosening barriers for property ownership in some of country’s most prized locations.
Saudi Arabia’s crude exports fell sharply in August as the kingdom leads an effort by the OPEC+ alliance to curb production and bolster oil prices.
Thailand’s King Maha Vajiralongkorn commuted former prime minister Thaksin Shinawatra’s jail term to one year within days of the former leader returning to the country from 15 years of self-imposed exile.
Demand in Japan’s economy outstripped supply for the first time in nearly four years, a signal that the nation is getting closer to achieving the lasting inflation sought by its central bank.
The Ukrainian grain industry is lobbying the governments of Ukraine and Romania to set up anchorage areas in the waters of both countries to help increase outbound grain shipments via the Danube River.
Oil options traders are showing growing faith the market’s recent tightness can last, bolstering wagers that prices will rally up toward $100.
Georgia’s ruling party began moves to impeach President Salome Zourabichvili after she defied a government attempt to ban her from making state visits abroad, including ones she said were aimed at lobbying for the country to gain European Union membership.
China’s vast territorial claims in the region has reignited opposition from its neighbors, after Beijing this week released a 2023 map showing a “10-dash line” demarcation on the South China Sea.
Ukraine will challenge any extension of a grain-import ban by five European Union nations as it seeks an end to restrictions imposed by some of its closest allies in the bloc, a senior official said.
