Bloomberg China’s benchmark stock gauge suffered its first drop of more than 1% in six weeks after a state-backed fund said it would reduce its stakes in some tech companies. The Shanghai Composite Index closed down 1.4% on Monday, its biggest decline since November 11. The CSI 300 Index slumped 1.3%, its fourth consecutive retreat, with technology-related shares leading the …

Bloomberg India stocks struggled for direction on Monday as investors weigh the potential impact of continued nationwide protests, after a week in which the benchmark index closed at a record high four times. The S&P BSE Sensex fell 0.1% to 41,642.66 at the 3:30 p.m. close in Mumbai. The NSE Nifty 50 Index also dropped 0.1%. Equity investors have until …

Bloomberg Credit Suisse Group AG blamed Pierre-Olivier Bouee for a second spying scandal that’s shaken the bank, again painting the former chief operating officer (COO) as a rogue operative who kept chief executive officer Tidjane Thiam in the dark about his activities. Bouee — once a close confidante of Thiam — used a contractor to spy on former human resources …