Bloomberg China’s equity benchmark edged back towards its 2021 low, briefly piercing through a key support level as traders sold everything from electronic cigarette stocks to raw-materials firms amid broader concerns over earnings and valuations. The CSI 300 Index falls 1% to close at 5,009.25 points, extending its decline from this year’s peak to nearly 14% just days after the …

Bloomberg European stocks dropped on Tuesday as a planned lockdown in Germany amid a resurgence of virus cases cast doubt on the region’s nascent economic recovery. The Stoxx 600 Index falls 0.5%, dragged lower by travel shares and cyclicals as Chancellor Angela Merkel put Germany into hard lockdown over Easter to try to defuse another wave of infections. The move …

Bloomberg The Swiss National Bank (SNB) spent 110 billion francs ($118 billion) on interventions in 2020, evidence of heightened market activism that risks fueling more tension with the US. The tally is the highest since 2012 and indicates officials purchased currency worth 9 billion francs in the fourth quarter, when the US Treasury branded Switzerland a currency manipulator. Such eye-watering …