Bloomberg Asset sales from Saudi power plants and football clubs to African energy firms are set to help deliver a bumper year for deals in the region. Investment banks expect the pace of transactions in the Middle East and Africa to gain momentum after a busy first quarter. Mergers and initial public offerings in the first three months of 2018 ...

BEIJING / Reuters China’s foreign exchange reserves rose slightly in March as broad US dollar weakness continued and escalating trade tensions between the world’s two largest economies bolstered expectations of a firmer Chinese currency. Reserves rose $9 billion in March to $3.143 trillion, compared with a drop of $27 billion in February, central bank data showed on Sunday. Economists polled ...

CHICAGO / Reuters Chicago Federal Reserve Bank President Charles Evans, one of the Fed’s most dovish policymakers, said that he is optimistic inflation will reach the Fed’s 2 percent goal and that slow, gradual rate increases will be appropriate. “Fiscal policy has been much more supportive of further growth and so the need for accommodative monetary policy is less than ...