Bloomberg Streets in Mumbai, India’s financial capital, were relatively empty while trading volumes in stock and bond markets dropped as residents stayed home following the worst downpour in 12 years. The city’s Santacruz weather center recorded 33.1 centimetres of rain in 24 hours that ended at 8:30 am on Wednesday, the most since 94.4 centimeters of precipitation recorded 12 years …

Bloomberg Asian equities advanced as fears of escalating geopolitical risk eased following US President Donald Trump’s tempered response to North Korea’s launch of a ballistic missile across Japan. More than two stocks rose for each share that declined on the MSCI Asia Pacific Index, which gained less than 0.2 percent to 160.47 as of 4:31 p.m. in Hong Kong, following …

DUBAI / Reuters Corporate news boosted a couple of stocks in the United Arab Emirates on Wednesday, while a leap by Global Telecom and strong international markets lifted Egypt’s blue-chip index sharply. Trading volumes have generally been low in the Middle East in recent days because of the approach of Eid al-Adha holidays, which began in Saudi Arabia on Wednesday …