Bloomberg China Construction Bank Corp (CCB) will set up a 30 billion yuan ($4.2 billion) fund to buy properties from developers, as policy makers beef up efforts to contain a real estate crisis that’s weighing on the economy. The fund will “invest in existing assets” of real estate companies and renovate the properties into rental housing, the lender said …

  Bloomberg Global risk assets extended their selloff on Monday as fears of faster inflation and global recession continued to rise. UK markets were in focus as the pound crashed to an all-time low and bond yields surged to the highest in more than a decade, sparking talk of emergency action by the Bank of England. The market mayhem unleashed …

  Bloomberg Wild gyrations in markets have left cryptocurrencies duelling with the dollar for the title of top-performing asset this quarter. The MVIS CryptoCompare Digital Assets 100 Index has added 7.3% since the end of June, whereas stocks, bonds, commodities and gold suffered losses. The Bloomberg Dollar Spot Index is up by a similar magnitude over the period, reaching a …