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China producer price inflation steadies over robust demand

Bloomberg China’s producer price gains held up, signaling that demand in the world’s second-largest economy is maintaining pace for now, even in the face of regulatory curbs. The producer price index rose 5.5 percent in June from a year earlier, in line with the estimate in a Bloomberg survey as well as the reading in May. The consumer price index ...

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India’s Sensex advances to record as rival index suffers outage

Bloomberg Indian shares rose, and the benchmark index rallied its second record high in three sessions, after a regulator tightened rules for offshore derivatives and banned so-called “naked” bets. The National Stock Exchange, the country’s largest bourse, suffered its longest technical outage, handing over the volumes to rival BSE Ltd. The benchmark S&P BSE Sensex climbed 1.1 percent to close ...

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Japanese funds pile into US, Europe bonds before selloff

Bloomberg Japan’s investors returned to developed bond markets in May, mopping up Treasuries, German bunds and French debt one month before a global selloff sparked by hawkish comments from major central banks. Investors bought a net 1.32 trillion yen ($11.6 billion) of US sovereign debt in May, the most in nine months, according to Japan’s balance-of-payment data released on Monday. ...

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