Bloomberg Oil falls this week for the first time since May after days of volatile trading in the wake of Opec+’s stalemate over a production increase in the near term. Futures in New York declined 0.8% this week, although the US crude benchmark closed higher amid a broader market rebound. A stronger dollar makes commodities priced in the currency less …

Bloomberg China’s central bank cut the amount of cash most banks must hold in reserve, a move that went further than many economists had expected and suggested growing concerns about the economy’s faltering recovery. The People’s Bank of China (PBOC) will reduce the reserve requirement ratio by 0.5 percentage point for most banks, according to a statement. That will unleash …

Bloomberg India’s central bank set a coupon of 6.10% for the new 10-year bond sale, higher than that of the current benchmark, signaling a slight tolerance for higher yields after months of trying to cap them at 6%. The government sold 140 billion rupees ($1.9 billion) of the new bond as part of a 260-billion rupee sale, the Reserve Bank …