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Hong Kong puts ban on Pro-independence party

Bloomberg Hong Kong’s government issued an unprecedented ban against a pro-independence political party that it has called a risk to national security, raising concerns over tolerance of dissent in the Asian financial hub. “The Hong Kong National Party has a very clear agenda to achieve its goal of Hong Kong being made an independent republic,” John Lee, the city’s security ...

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Stocks fall on Rosenstein, trade war risks; oil climbs

Bloomberg US stocks slipped on growing trade tension and after reports that Deputy Attorney General Rod Rosenstein will leave his post. Oil climbed and the euro rallied. As a Justice Department shakeup threatened to increase political turmoil, industrial shares led US equity indexes down after China warned it won’t meet with American officials unless they stop threatening to expand tariffs. ...

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India examines slump in financials for irregularities

Bloomberg India’s market regulator is examining Friday’s sharp moves in shares of Dewan Housing Finance Corp., Yes Bank Ltd. and other lenders for possible trading irregularities, people with knowledge of the matter said. The Securities and Exchange Board of India is looking into whether brokers and investors colluded during the sharp selloff and subsequent recovery in financial shares, the people ...

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