Reuters Saudi Arabia’s stock market rebounded on Monday as higher oil prices boosted petrochemical shares while banks rose in response to Alinma Bank’s better-than-expected earnings. The main Saudi index gained 0.6 percent as tensions between Baghdad and Iraqi Kurdistan lifted oil sharply. PetroRabigh rose 2.1 percent and Petrochem added 1.2 percent, while mining firm Ma’aden was up 2.1 percent. Alinma …

Bloomberg Sagging economic growth in India is complicating efforts to clean up a mountain of bad debt at the nation’s banks. Loans worth Rs17,00,000 crore ($26 billion) have been withdrawn in total since the 2001 inception of the corporate debt restructuring (CDR) mechanism through to the end of August, according to the latest data from the agency that brokers agreements …

Bloomberg Some European Central Bank (ECB) policy makers see room for little more than 200 billion euros ($235 billion) of purchases under the institution’s bond-buying programme next year, according to central-bank officials familiar with the matter. The ECB is likely to run out of available debt under current rules at just over 2.5 trillion euros, the officials said, asking not …