Bloomberg Commerzbank AG plans to withdraw from locations including Hong Kong, Luxembourg and Hungary as part of its previously announced restructuring, according to an internal memo seen by Bloomberg. Asia sales activities will be bundled in Singapore and the Dubai branch will continue to operate as a representative office, it said. In South America, the German lender plans to sell …

Bloomberg Japan’s central bank joined the ranks of equities with puzzling surges in valuation led by retail investors on Monday, as its shares surged by their daily limit. The stock rises 18%, the most since 2005, to 33,000 yen a share. Even experienced investors are often surprised to learn that as well as being Japan’s lender of last resort and …

Bloomberg US equity futures and global stocks rallied, while Treasuries stabilised in a sign of confidence after last week’s bond market turmoil. S&P 500 futures jumped and European stocks notched broad-based gains. Benchmark Treasury yields fluctuated around 1.40%, while Australia’s 10-year yield slid the most in a year after the central bank doubled down on bond purchases to pacify fixed-income …