Bloomberg UBS Group AG abandoned its forecast for the yuan to appreciate this year, anticipating that the trade war will continue to put pressure on the currency, hurt China’s economic growth and spur the country’s policy makers to unleash more liquidity. “With underlying pressures on CNY set to intensify and China’s current-account surplus likely to decline notably, we see CNY …

Bloomberg Pakistan’s central bank devalued the rupee for the fourth time since December, according to bankers with knowledge of the matter, as economic pressures persist before a national election in nine days. The currency, whose rate is set by the central bank, dropped as much as 5.3 percent to 128 per dollar at the close, according to State Bank of …

Bloomberg Airbus SE’s bet on a slow-selling Canadian jetliner is paying off. The European planemaker reached its second 60-plane deal in a week for the A220 aircraft, this time through a pact with a planned US carrier backed by airline entrepreneur David Neeleman. The agreement is valued at $5.4 billion before customary discounts, the same as last week’s order by …