Bloomberg Breaking the dynastic hold on Pakistani politics, former cricket hero Imran Khan won the most seats in an election tarred by widespread allegations of rigging and military interference. Khan’s Pakistan Tehreek-e-Insaf, or Movement for Justice party, clinched at least 115 national seats, according to results released by the Election Commission of Pakistan. He beat the incumbent Pakistan Muslim League-Nawaz ...

Bloomberg India’s foreign exchange reserves may soon drop below the $400 billion mark for the first time since November as the central bank steps up action to shore up one of Asia’s worst-performing currencies. Reserves have steadily declined by $21 billion from a record peak of $426 billion in mid-April, and official data showed it was little changed in the ...

Bloomberg Deutsche Bank AG is cutting dozens of employees and consolidating space at its Chicago office as part of a broader plan to shrink its US operations, according to people briefed on the matter. The German lender’s Chicago office — which houses units including front-office trading, operations and treasury — will be reducing headcount, said the people, who asked not ...