BLOOMBERG Chinese stocks jumped after authorities announced a slew of measures to woo back investors including a reduction of the stamp duty on stock trades and a slower pace of initial public offerings. The CSI 300 Index of mainland shares rallied as much as 5.5% on Monday, the most in three years, with some brokerage stocks gaining up to the ...

BLOOMBERG Toronto-Dominion (TD) Bank is feeling the impact of costlier deposits, which squeezed margins and contributed to the lowest profitability for its US business in more than a year. Canada’s second-largest bank saw US retail-banking earnings drop to C$1.38 billion ($1.02 billion) on an adjusted basis in the fiscal third quarter, a 6% decline from a year earlier. The bank’s ...

BLOOMBERG Indian central bank’s policy to keep the rupee stable at weaker levels may make the currency vulnerable to “speculative attacks” in case of large risk events, according to Australia & New Zealand Banking Group (ANZ) . Policymakers are focused on bolstering manufacturing and exports, but it’s not without costs, economists Dhiraj Nim and Sanjay Mathur wrote in a note. ...