Bloomberg China’s top legislative body voted to join a global treaty on arms sales in a move that supports Beijing’s efforts to contrast itself with US President Donald Trump’s “America First” policies. The Standing Committee of the National People’s Congress decided to join the Arms Trade Treaty during a meeting that ended on Saturday, the official Xinhua News Agency said. ...

Bloomberg The biggest Nordic banks have voiced concerns over how Denmark’s debt office is handling sales of its shortest-dated securities. The debt office in Copenhagen, which is part of the central bank, recently added commercial paper to the list of securities it sells. But bankers at Danske and Nordea, among others, say the office has left them in the dark ...

Bloomberg The Bank of Russia cut interest rates by the most in five years and signaled another reduction is likely to help stimulate an economy heading toward a deep recession. The benchmark interest rate was cut 100 basis points to 4.5%, the lowest level since inflation-targeting began in late 2014, the central bank said in a statement. Policy makers warned ...