Bloomberg Coffee’s stunning rally in late 2019 took many traders and analysts by surprise, creating tension over where prices go from here. Arabica beans have surged 28% since the end of September, on pace for the best quarterly performance since 2014 and the biggest gain among major commodities in the last three months. The move came after futures in May ...

Bloomberg China’s financial regulators are calling for more transparent and fair handling of defaults to restore investor confidence in the world’s second-largest bond market, after repayment failures hit a record high this year. Senior officials from the central bank, the securities regulatory body, the supreme court and other departments discussed court-mediated dispute resolution concerning bond defaults at a symposium in ...

Bloomberg Scandal-hit Indian lender Punjab National Bank (PNB) alleged it has been cheated — its third complaint since 2018 when it suffered through a $2 billion blow. The state-run bank filed a complaint in October alleging that Jagdish Khattar, founder of Carnation Auto India Pvt, a vehicle repair and servicing company, cheated the bank of 1.1 billion rupees ($15.4 million), ...