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China factory prices surge most since 2011, boosting reflation

  Bloomberg China’s producer prices increased the most since 2011, with the world’s biggest exporter further lifting the outlook for global inflation. Producer price index rose 6.9 percent in January from a year earlier, compared with a median estimate of 6.5 percent in a Bloomberg survey and a 5.5 percent December gain. Consumer-price index climbed 2.5 percent, boosted by the ...

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Australian business conditions surge to nine-year high

  Bloomberg Australian business conditions jumped to the highest level in more than nine years and the employment gauge surged, diminishing the likelihood of interest-rate cuts in the near term. The business conditions index — a measure of hiring, sales and profits — jumped to 16 in January from a revised 10 in December, a National Australia Bank Ltd. survey ...

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Singapore to allow foreign acquisitions of finance companies

  Bloomberg Singapore’s central bank said it will allow foreign takeovers of the country’s three finance companies, as part of wider industry changes that seek to boost lending to small and medium-sized enterprises. The Monetary Authority of Singapore is prepared to consider applications for mergers or acquisitions if any prospective partner “commits to maintaining SME financing as a core business” ...

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