Bloomberg Australia is set to raise interest rates as it closes in on the end of its tightening cycle, while nearby New Zealand just delivered a record hike and is poised to move higher, underscoring different central bank outlooks at year’s end. All-but one economist sees the Reserve Bank of Australia (RBA) hiking by a quarter-percentage point to 3.1%, with …

  Bloomberg Chinese equities rallied and the yuan strengthened past a key level, as the authorities accelerated a shift towards reopening the economy and more investors turned bullish. The yuan breached the 7-per-dollar level, while a gauge of Chinese tech stocks in Hong Kong surged 9.3% in a fifth day of gains. The dollar bonds of developers also rise as …

  Bloomberg Stock-market investors are hoping for a strong finish to a chaotic year. A less hawkish Federal Reserve and encouraging inflation data could unleash a mega-rally in December, which has proved to be a strong month for the stock market over the past 70 years. This year, though, it may get off to a late start: With all the …