Bloomberg This year’s rally in Chinese shares is threatening to unravel almost as quickly as it began. The Shanghai Composite Index fell 0.8 percent and ended the session below its 50-day moving average. That follows its 5.6 percent slump, the worst performance versus global equities since early 2016. The ChiNext Index dropped 2.6 percent. China was the best place in ...

Bloomberg Deutsche Bank AG cut its outlook for full-year revenue after suffering its ninth straight quarter of contraction, underscoring the need to put Europe’s largest investment bank on a stronger footing following the collapse of merger talks with Commerzbank AG. The bank said it expects business to be flat this year, after previously predicting a slight increase. Income from buying ...

Bloomberg China’s largest lenders posted increases in first-quarter profit and higher interest income as authorities encouraged fresh lending to support the economy. Industrial & Commercial Bank of China Ltd., Agricultural Bank of China Ltd., Bank of Communications Co. and Bank of China Ltd. reported net income rose as much as 4.9 percent in the three months that ended on March ...