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Russia poised to agree on extending Black Sea grain deal

Bloomberg Russia is expected to agree to extend a United Nations-brokered deal allowing exports of Ukrainian grain and other farm products from the Black Sea, ensuring a vital flow of foodstuffs to the world market. Russia is likely to allow the deal to renew after its Nov. 19 expiration, according to four people familiar with the situation, all of whom ...

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Xi seeks high-tech cooperation in summit with South Korea’s Yoon

  Bloomberg Chinese President Xi Jinping called for accelerating negotiations on a trade deal and boosting cooperation in high-tech manufacturing in a meeting with South Korean President Yoon Suk Yeol, the first summit between leaders of the two countries in about three years. Xi told Yoon that China and South Korea should work together to maintain the global free-trade system ...

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China maintains ample cash in system to help snap bond slump

  Bloomberg China sought to maintain ample cash levels in its financial system with liquidity tools of different maturities, helping halt the worst government bond selloff in six years. The liquidity infusion this month, which was done with a combination of short, medium and long-term tools, exceeded the 1 trillion yuan maturity, according to the People’s Bank of China (PBOC). ...

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