Bloomberg US equity futures rose and European stocks fluctuated following steep losses at the end of last week and as investors digested the latest developments in the coronavirus outbreak. Shares plunged in China as markets there reopened after a long holiday. Contracts on the three main American equity indexes all advanced in the wake of previous declines. Gains in technology ...

Bloomberg India’s steps in the budget to end some exemptions given for tax planning and the removal of a dividend-distribution tax for companies will weigh on the earnings prospects of insurers. The lower tax rates under the alternative tax slabs will only apply to those forgoing exemptions, which include investments in certain insurance products. Insurers will be taxed on dividend ...

Bloomberg Cryptocurrencies briefly jumped amid chaotic trading in Asia after China’s stock markets reopened to steep losses following an extended holiday shutdown. Bitcoin surged to $9,608, the highest since October, shortly after markets opened at 9:30 am in Hong Kong, before giving back most of those gains less than half an hour later. The wider Bloomberg Galaxy Crypto Index tracking ...