Bloomberg India’s central bank (RBI) slowed the pace of interest-rate increases while keeping the door open for further policy tightening to curb core inflation. The RBI’s six-member Monetary Policy Committee voted 4-2 to raise benchmark repurchase rate by a widely expected quarter-point to 6.50%, slowing from the 35 basis-point hike in December. The panel also retained its stance of withdrawing ...

  Bloomberg US futures retreat amid mixed earnings reports, while stocks caught up with late advances on Wall Street spurred by a sanguine rates outlook. Oil extended an advance. Contracts on the three major US gauges fell, following Tuesday’s rally after Federal Reserve Chair Jerome Powell refrained from pushing back against investor optimism. Chipotle Mexican Grill Inc. dropped in premarket ...

Bloomberg Masayoshi Son is now personally on the hook for about $5.1 billion on side deals he set up at SoftBank Group Corp. to boost his compensation, as losses mounted at its core Vision Fund venture capital arm. Son, whose stake in SoftBank grew in recent months, also owns portions of the company’s key investment vehicles. While these holdings have ...