Bloomberg The guardians of the world economy brushed aside soaring stock and asset prices as a threat to economic and financial stability even as some bankers warned that investors risk repeating their pre-crisis complacency. The rare turnabout in which central bankers and finance ministers expressed comfort with the level of markets—even as private-sector executives urged caution—took place in and around ...

Reuters Most Middle East stock markets traded in narrow ranges on Sunday while Saudi Arabia was dragged down by several major blue chips. The Saudi index dropped 0.7 percent as Al Rajhi Bank lost 1.0 percent and miner Ma’aden sank 1.9 percent. Petrochemical producer Saudi Basic Industries fell 0.7 percent. Insurers were roughly evenly split between gainers and losers after ...

Bloomberg With the European Central Bank’s (ECB) next policy update less than two weeks away, the institution’s chief is expressing both confidence and patience about achieving its inflation goal. “We are confident that as the conditions will continue to improve, the inflation rate will gradually converge in a self-sustained manner, as we’ve defined many times, and in a durable way ...