Bloomberg The 32-year-old FTSE 100 Index, synonymous with the U.K. stock market, is about to get some competition. The benchmark’s four-letter moniker is local shorthand for laypeople and professionals to describe the daily gyrations of the nation’s $3.3 trillion equity market. Now, Lenexa, Kansas-based rival Bats Global Markets Inc. is now trying to muscle in on the FTSE 100’s …

  Bloomberg Vancouver’s housing boom is squeezing out some families as growth draws in new residents faster than dwellings can be built, according to Canada’s finance minister said. “If you are in Vancouver today, it’s challenging for people to think about how they can get into the market and how their children can get into the market,” Bill Morneau said …

  On June 7, the United States, India, and Japan began the twentieth iteration of the Malabar Exercise. In the two decades of its existence, the exercise, which began as a joint U.S.-India naval drill back in 1992, has evolved into not just a key aspect of U.S.-India defense ties, but a key platform for engagement in the Indo-Pacific more …