Bloomberg Business

Qualifyze has raised $12 million in fresh equity from investors including H14 SpA, an Italian family office linked to the country’s late Prime Minister Silvio Berlusconi.

Chinese banks kept a key interest rate that guides mortgages on hold and made a smaller-than-expected cut to another rate, surprise moves that reflect Beijing’s difficult choice between boosting confidence and safeguarding the banking system’s stability.

Data from the World Travel & Tourism Council points to global tourism’s significant growth in the next decade. That includes the US, where travel will soon be worth $3 trillion.

Chinese stocks will settle in a lower trading range than previously expected until Beijing introduces more forceful policy responses to address the contagion risk from a property slump, according to Goldman Sachs Group Inc.

Prime Minister Anwar Ibrahim said he may consider a lawsuit against Goldman Sachs Group Inc. over its role in the multi-billion dollar scandal involving 1Malaysia Development Bhd., according to an interview with CNBC.

Some of Country Garden Holdings Co.’s bondholders are demanding full repayment of a local bond due early next month, after the embattled Chinese property developer proposed a three-year extension for the yuan-denominated note.

China’s largest mutual fund houses promised to buy their own equity-focused products, heeding calls from authorities to bolster the market as a selloff continues.

Anti-graft campaigner Bernardo Arévalo won Guatemala’s presidential election in a landslide after pledging to weed out the “systemic corruption” he says keeps the nation mired in poverty.

China’s northeastern grain basket is bracing for another deluge of heavy rain, heaping more pain on farmers in the region who have already seen fields flooded and crops damaged by wild weather this month.