Bloomberg Chinese large cap stocks climbed the most in two years, bouncing back from a bruising run of losses in the lead up to the imposition of US tariffs from July 6. The yuan also rose after retreating for four weeks straight. The Shanghai Composite Index jumped 2.5 percent, the most since May 2016, following seven weekly declines in a …

Bloomberg If a US or global recession is looming, it’s time to own the Swiss franc, Singapore dollar, US dollar and Japanese yen – and ditch emerging market currencies, according to analysts from JPMorgan Chase & Co. “Recessions are when creditors get to ask for their money back,” analysts including Paul Meggyesi said in a note. “Three of the top …

Bloomberg Global debt is becoming a bigger worry as the global policy tightening cycle takes hold, a top boss at the World Bank warned Monday. “After a decade of low interest rates, the corporate and public debt in many places has ballooned to a staggering $164 trillion,” Kristalina Georgieva, chief executive officer of the World Bank, said in an interview …