Bloomberg Italian Prime Minister Giuseppe Conte risks emerging weakened from a parliamentary showdown this week even if he can muster enough votes to hold on to power. Conte faces a confidence vote in the lower house of parliament, which he’s likely to win, but he could face a similar vote in the Senate on Tuesday, where he has less room ...

Bloomberg Philippine banks will recover faster from the impact of the coronavirus pandemic than they did from the Asian financial crisis due to record-low interest rates, higher capital and a stable economy, the head of the nation’s bankers group said. Lenders in the Southeast Asian nation may bounce back in three to four years — about half the time it ...

Bloomberg Bond traders in India are bracing for more turmoil as the central bank signals its intention to keep lifting money-market rates. The Reserve Bank of India (RBI) offered a cutoff yield of 3.55% for a cash-draining operation, higher than traders had expected and a full 20 basis points above the lower boundary of its interest-rate corridor. “Future operations may ...