Bloomberg Turkish President Recep Tayyip Erdogan said he is willing to meet Sweden’s leader to discuss the Nordic country’s bid to join Nato. Erdogan said he instructed his staff to respond positively to a request from Swedish Prime Minister Ulf Kristersson for talks. “We will discuss these topics with him in our country,” state-run Anadolu Agency cited Erdogan as ...

  Bloomberg A surge in bad loans awaits UK banks as higher interest rates saddle homeowners with an estimated £52 billion ($58.6 billion) of added mortgage payments over the next three years, an analyst warned as he downgraded his ratings on several lenders. The jump in costs will help push the personal debt service burden towards about 10% of post-tax ...

Bloomberg Japan’s benchmark yield climbed above the central bank’s policy ceiling and monetary authorities announced unscheduled bond purchases to rein it back in. The yield on the 10-year note briefly rises 0.5 basis points to 0.255% as the Bank of Japan (BOJ) held the first unscheduled bond buying operation this month. Global yields have continued to march higher as traders ...