Bloomberg India’s first real estate investment trust, the Blackstone Group LP-backed Embassy Office Parks, rose on its trading debut, in a vote of confidence for a potential new funding avenue for the nation’s cash-strapped developers. The REIT units climbed as much as 8.3 percent before closing 4.7 percent higher at 314.10 rupees in Mumbai. The benchmark S&P BSE Sensex Index …

Bloomberg The new head of Japan’s main banking lobby warned the central bank against deepening negative interest rates, signalling such a move could spur risky investment and put further pressure on lenders’ profits. “It will be a quite difficult option to take,” Makoto Takashima, chairman of the Japanese Bankers Association, said in an interview. “Simply speaking, that would cause policy …

Bloomberg European Central Bank (ECB) officials pressed the case for continued monetary-policy support as they signalled the euro-area economic slowdown is weighing on inflation. In a foreword to the ECB’s annual report, President Mario Draghi warned of a “persistence of uncertainties” and said there’s a continued need for stimulus to boost inflation. His vice president, Luis de Guindos echoed that, …