Bloomberg The scent of doom is returning to China’s local government bond market. S&P Global Ratings pulled the trigger on the first ever downgrade of a Chinese local-government financing vehicle, citing the city in eastern Jiangsu province’s high debt burden. Traders and analysts are uneasy as well, with 18 of 29 polled in a Bloomberg News survey saying they’d ...

  Bloomberg Jonathan Tepper, the founder of a London-based research firm who a year ago warned that Australia had one of the biggest housing bubbles in history, has attacked regulators for acting too late to cool the market as they ignored their own warning signs and were hostile to suggestions property was too expensive, according to the Weekend Australian. The ...

  Bloomberg Unilever Plc’s announcement that it’s looking at ending its dual nationality and basing itself in London or Rotterdam means Theresa May finds her Brexit strategy facing either a big endorsement or an early blow. Few companies have more day-to-day contact with the British people than Unilever. It estimates its products, from Marmite and Vaseline to Hellman’s mayonnaise, are ...