Bloomberg Iron ore exports from Australia are set to post the first annual drop in almost two decades following bad weather and output setbacks, worsening a global shortage and bolstering prices that have already surged to a five-year high. Futures advanced. The world’s top shipper cut its 2019 forecast to 814 million tons from 867 million in March and boosted ...

Bloomberg One of India’s top microlenders is seeking about 60 billion rupees ($900 million) from banks and non-bank lenders to fund loan growth as demand from borrowers living in small towns and rural areas bucks the slump in the nation’s overall credit offtake. Satin Creditcare Network Ltd, whose assets exceed 70 billion rupees, needs the cash to meet its credit-growth ...

Bloomberg A gauge of activity in China’s manufacturing sector showed the economy remains fragile, underlining the need for the truce with the US forged at the weekend to be a lasting one. China’s manufacturing purchasing managers’ index stayed at 49.4, according to official data. That’s worse than the 49.5 forecast in a Bloomberg survey of economists, and still signals deterioration. ...