Bloomberg Singapore’s central bank further tightened monetary settings and raised its inflation forecast, sending currency higher, as it seeks to fight cost pressures that threaten recovery from pandemic. The Monetary Authority of Singapore, which uses exchange rates as its main policy tool, said that it’s taking steps to strengthen the local dollar, which will help slow inflation momentum as …

Bloomberg European stocks gained as a flurry of corporate earnings reassured investors that profits can overcome economic hurdles. The Stoxx Europe 600 climbed 0.4% in London. Banking and technology shares soared, tracking a rally in US stocks. Miners underperformed as metals fall. ASML Holding NV advanced after saying demand for its chip-making machines outstripped supply in the second quarter. Danone …

Bloomberg Netflix Inc shares are on course to lose about $40 billion in value on Wednesday after the streaming giant reported its first customer decline in more than a decade. Shares in the company fell as much as 26% premarket trading, extending its plunge this year to 57%. If the losses hold, Netflix is poised to become the worst-performing stock …