BLOOMBERG Global stocks fell, striking a more cautious note after Wall Street’s powerful second-quarter rally lost steam at the end of last week. Chemical and construction firms paced declines in Europe, while banking stocks outperformed. Among the biggest individual movers, Sartorius AG slumped 15% after issuing a bigger-than-expected profit warning. In Asia, disappointed hopes for further stimulus pushed down Chinese ...

BLOOMBERG India’s National Stock Exchange (NSE) is planning to offer derivatives based on its bond indexes, according to people familiar with the matter, as it seeks attract more investors to its platform. The NSE has already applied to the Securities Exchange Board of India for approval and is aiming to launch the corporate debt product by September, the people said. ...

BLOOMBERG Jerome Powell will be in the Capitol Hill spotlight a week after the Federal Reserve paused its most aggressive tightening campaign in decades, with investors watching for clues on whether central bankers are indeed leaning toward further interest-rate hikes. The Fed chair will deliver the central bank’s semi-annual monetary policy report to the House on Wednesday and the Senate ...