Bloomberg US index futures and European stocks rose as dip buyers wagered the global economic impact of escalating sanctions on Russia is already reflected in market prices. Contracts expiring later this month on the S&P 500 and Nasdaq 100 gauges added at least 1.2% each after US equities tumbled to a nine-month low. Banks and automakers boosted Europe’s Stoxx 600 …

  Bloomberg A move by the world’s largest sovereign wealth fund to snub a Chinese apparel firm and growing concern that surging oil prices will complicate policy makers’ easing path sparked fresh pessimism over Chinese and Hong Kong’s stocks. Stock benchmarks in China and Hong Kong both tumbled by more than 3% before paring losses sharply. The CSI 300 closed …

  Bloomberg Indonesia, the world’s biggest palm oil producer and exporter, will push ahead with its ambitious biodiesel program even as prices of the tropical oil have soared, which could increase the costs of producing biofuel. The B30 program, which stipulates that fossil fuels must be blended with 30% palm oil, is still running as planned, said Dadan Kusdiana, director …