Bloomberg The military coup in Mali raised alarm across West Africa, a region under threat for years from extremists that can ill afford more instability. Yet at home, it’s largely seen as a harbinger of progress. Weeks of public unrest and the final ouster of President Ibrahim Boubacar Keita was the culmination of anxiety over his failure to steer the ...

Bloomberg China’s biggest banks are suffering their worst profit decline in more than a decade as a cascade of loans to businesses across China are going bad. Reporting their first-half earnings on Sunday, China Construction Bank Corp., (CCB) the world’s second-largest lender by assets, said profit slid 11% in the period, while Agricultural Bank of China Ltd., (AgBank), China’s third ...

Bloomberg The Bank of England (BOE) has plenty of room to add more monetary stimulus to fight UK’s economic slump, including negative interest rates if needed, Governor Andrew Bailey said. “We are not out of firepower by any means,” he said at the Federal Reserve’s annual policy symposium, being held virtually instead of the traditional venue at Jackson Hole, Wyoming. “To ...