Bloomberg Japanese stocks jumped after the ruling coalition secured an election victory that was better than many had expected, paving the way for the administration of Fumio Kishida to begin enacting economic stimulus. The benchmark Topix gained 2.2%, the most since September 24, while the blue-chip Nikkei 225 Stock Average climbed 2.6%, the most since June 22. Utilities were among …

Bloomberg Saudi Aramco’s earnings soared as oil prices and production climbed, allowing the world’s biggest crude producer to cover its quarterly dividend of $18.75 billion with free cash flow. Third-quarter profit rises to 114.1 billion riyals ($30.4 billion) from 44.2 billion riyals year ago, beating a company-compiled estimate of $29.1 billion. Free cash flow was $28.7 billion. Aramco has benefited …

Bloomberg The US and the European Union (EU) clinched a tariff-busting trade accord over the weekend that they’ll try to leverage into a broader global arrangement that would penalise countries that don’t meet low-carbon targets for steel and aluminum exports. President Joe Biden and European Commission President Ursula von der Leyen hailed the agreement on Sunday in Rome on the …