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Stocks drop amid Hong Kong unrest, Treasuries advance

Bloomberg American equity-index futures slipped on Wednesday while European shares struggled for traction as tensions over Hong Kong mounted and earnings season rolled on. Treasuries gained and the dollar was steady. Contracts on all three major US gauges stayed lower even after Bank of America reported upbeat earnings. The Stoxx Europe 600 was little changed after paring a decline as ...

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India Sensex posts best run in 3 months

Bloomberg India’s benchmark stock index posted its longest winning streak in more than three months after Wipro Ltd boosted investor optimism with earnings that beat all estimates. In a volatile trading session that saw it pare gains multiple times, the S&P BSE Sensex Index rose 0.2% to 38,598.99 in Mumbai. That marked a fourth day of gains and its longest ...

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Bank of Korea warns of weaker growth after cutting rates again

Bloomberg South Korea’s central bank warned that economic growth would be weaker than forecast after cutting its policy rate for the second time this year as a global downturn pummels exports and weighs on prices. The move comes amid a wave of rate cutting by central banks around the world to shore up growth and highlights the sense of urgency ...

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