Bloomberg India’s retail inflation slowed below 6% for the first time in 2022 amid cooling global commodity prices and higher borrowing costs, providing reprieve for policymakers. The consumer price index rose 5.88% from a year earlier, according to data released by the Statistics Ministry on Monday. That’s slower than a median estimate for a 6.35% gain in a Bloomberg ...

Bloomberg The strains in South Korea’s credit market showed further signs of easing, with short-term borrowing costs falling for the first time in 20 months on Monday. Yields on three-month commercial paper — which companies use to raise funds for short-term payments like payroll — dropped a basis point in Seoul, which means conditions are improving. That would be the ...

Bloomberg Group of Seven leaders were expected to hold a virtual meeting hosted by German Chancellor Olaf Scholz, according to a public itinerary for Canadian Prime Minister Justin Trudeau. The leaders are likely to discuss topics including support for Ukraine against Russia’s military assault. It wasn’t immediately clear whether all G7 leaders would participate. Trudeau’s government imposed a fresh round ...