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Indian stocks retreat for 4th day

  Bloomberg Indian stocks dropped the most in a month amid losses in emerging-market equities and as investors turned cautious before lawmakers began debating the unified sales tax bill. The S&P BSE Sensex tumbled 1 percent at the close in a fourth day of losses, the longest losing run in seven weeks. A gauge of mid-cap stocks had its steepest ...

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It’s Deja Vu in Japanese markets as Abe leaves investors cold

Bloomberg Not for the first time, a long-awaited plan by Japanese Prime Minister Shinzo Abe has fallen flat with investors. The Topix slumped 1.6 percent on Tuesday after Abe returned to the fiscal-stimulus lever with a 28 trillion yen ($277 billion) spending-and-lending package to sooth concern that his Abenomics program isn’t working. It dropped another 2.2 percent on Wednesday. The ...

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China to loosen curbs on stock exchange pacts

  Bloomberg China’s futures exchange is planning to relax the restrictions on stock-index contracts that sparked a 99 percent plunge in trading and heightened concern over the government’s intervention in markets, according to people familiar with the matter. The bourse is considering allowing non-hedging accounts to open 100 new positions a day on a single contract, the people said. Currently, ...

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