Bloomberg The beginning of the end of cheap money was heralded as the moment emerging-market stocks would reverse a decade spent in the shadow of their developed-nation peers. It’s turning out to be anything but. After a three-week rally in October that briefly raised hopes of a comeback, the benchmark gauge for the group has sunk back, reaching a 20-year …

Bloomberg China posted a record monthly trade surplus in October as exports surged despite global supply-chain disruptions. Exports rise 27.1% in dollar terms last month from a year earlier to $300.2 billion, data from the General Administration of Customs showed on Sunday. That was the 13th straight month of double digit growth, and exceeded economists’ expectations of a 22.8% gain. …

Bloomberg The Reserve Bank of Australia (RBA) struck an upbeat note on the economy, while maintaining that faster wages growth and inflation will take some time and the first interest-rate increase is unlikely before 2024. The economy will expand 3% this year, despite a likely sharp contraction in the third quarter due to virus lockdowns, and then accelerate to 5.5% …