Bloomberg President Donald Trump has rejected, for now, the idea of aggressive currency intervention that could give the US an edge with its trading partners by weakening the dollar, according to two people familiar with the matter. The decision came at a White House meeting focussed on trade. Part of the agenda included a discussion of Trump’s concerns about the ...

Bloomberg The premium Indian equities command versus their emerging-nation peers has narrowed to the smallest since last April and may not rebound soon. That’s the view from Bank of America Merrill Lynch as the country’s equity benchmark head for its worst monthly drop since October, weighed down by disappointments related to a proposed super-rich tax, tepid earnings, and the lingering ...

Bloomberg Japanese banks have spent more than three years trying to flee negative interest rates at home by ramping up lending abroad. Now their escape routes are closing. Declining global rates are buffeting the country’s three largest lenders as they prepare to post fiscal first-quarter results next week. And with central banks around the world now in monetary easing mode, ...