Bloomberg China’s benchmark equity gauge fell to its lowest close since 2014, before the market’s boom and subsequent bust, while Hong Kong stocks also declined as the US trade dispute and a severe typhoon hurt sentiment. The Shanghai Composite Index fell 1.1 percent to 2,651.79 points, passing its 2016 post-crash low of 2,655.66. The gauge is one of the worst ...

Bloomberg The cost of delivering world trade is about to go up. A.P. Moller-Maersk A/S, the world’s largest container shipping line, said that customers using its giant box ships will have to pay separately for fuel from 2020, when prices are expected to surge because of tougher environmental standards. The regulations are designed to cut down emissions of sulfur, a ...

Bloomberg Saudi Arabia’s sovereign wealth fund raised an $11 billion loan, marking its first-ever borrowing. The loan was larger than initially planned due to strong interest from banks and establishes a core banking group for the Public Investment Fund to work with on future deals, the fund said. “This is the first step in incorporating loans and debt instruments into ...