Bloomberg Iran released the Chinese-American graduate student Xiyue Wang on Saturday as part of a prisoner swap, US officials said. Iranian Foreign Minister Mohammad Javad Zarif confirmed that the US freed Iranian scientist Massoud Soleimani. Soleimani was “delivered to Iranian officials in Switzerland,” Iran’s foreign ministry said on its Telegram channel. Zarif later tweeted photos of himself with his countryman. ...

Bloomberg India’s economy may be faltering, but its $2.1 trillion stock market has been powering to new highs as foreign investors pile into country’s shares, betting the worst may have already passed. Economic growth is at the lowest since before prime minister Narendra Modi came to power in 2014. The economy expanded 4.5% in July-September, slowing for a sixth straight ...

Bloomberg Bank of America Corp and Kotak Mahindra Capital Co are among banks Indian billionaire Radhakishan Damani picked for another planned stake sale in Avenue Supermarts Ltd, owner of the DMart brand, said people with knowledge of the matter. Damani selected the banks as he prepares to pare his stake in India’s largest listed retail chain by selling about 5.2% ...