With support for globalisation and free trade declining in much of the world, Asia has a historic chance to break out of its traditional role as a capital exporter to the West and to instead redirect flows to improve its own economies and financial industries. According to some estimates, the region’s pool of wealth at $110 trillion exceeds those of ...

Bloomberg Investors should stick with their stocks despite the sell-off this week because it would be harder to time the market and get back in, according to Brian Levitt, global market strategist for North America at Invesco. US equities suffered one of the deepest sell-offs of the year as mounting signs of a global economic slowdown stoked fears of a ...

Bloomberg Facebook Inc’s Libra cryptocurrency will be discussed as a delegation of American lawmakers visits Switzerland in the coming days. The group of six will hold a meeting with the Swiss Federal Data Protection and Information Commissioner Adrian Lobsiger, NZZ am Sonntag reports, citing his spokesman. It will be led by Democrat Maxine Waters, who has previously spoken critically about ...