BLOOMBERG European stocks fell as investors awaited key rates decisions in the region. US equity futures climbed, signalling a recovery following a tumultuous day of losses on Wall Street. The Stoxx Europe 600 Index slid 0.5% before a policy announcement from the Bank of England (BOE). The Swiss central bank raised its key rate by 50 basis points and signalled ...

BLOOMBERG The Federal Reserve’s decision to raise interest rates once again while keeping its year-end forecast unchanged is set to keep Asian stocks under pressure and help government bonds rally, according to regional-focussed investors and strategists. A weaker dollar will help bolster emerging-market currencies and may also provide some relief for Asian equity markets, which will otherwise mirror weaker risk ...

BLOOMBERG  China Evergrande New Energy Vehicle (NEV) Group Ltd warned it may have to stop making electric cars if it can’t obtain new financing, having delivered just 900 of its much-delayed flagship model. The company said it is seeking to cut costs by reducing staff numbers and improving management efficiency. However, “in face of the inability to obtain additional liquidity, ...