Bloomberg India’s rupee has gone from being the best-performing Asian currency last quarter to the worst this year as rising crude prices and tensions over Kashmir weigh on sentiment. The currency has slumped 2.4 percent since the end of December, missing the rally in its regional peers on optimism over US-China trade talks. It slid to 71.515 per dollar on ...

Bloomberg Germany’s financial regulator took the unprecedented step of banning short sales of Wirecard AG shares for two months, saying recent price volatility risks undermining the broader stock market. The shares surged. Investors globally are prohibited with immediate effect from taking new short positions or increasing existing ones through April 18, according to watchdog BaFin. That’s the first time it ...

Bloomberg European carmakers’ share rally this year might hit a roadblock as a US probe of auto imports raises the potential of new tariffs, with underperforming German manufacturers particularly at risk. US Commerce Secretary Wilbur Ross submitted a report to President Donald Trump on whether vehicles made abroad pose a national-security risk, according to a statement. Trump will have 90 ...