Bloomberg Brazil’s Luiz Inacio Lula da Silva inched closer to an outright win in this weekend’s presidential elections, a new poll found. Front-runner Lula ticked upward, now claiming 48% of valid votes in the first round from 47% a week ago, according to a survey by FSB Pesquisa released on Monday. Incumbent President Jair Bolsonaro was unchanged at 37%. ...

  Bloomberg Global financial firms, still smarting from multi-billion dollar losses in Russia, are now reassessing the risks of doing business in Greater China after an escalation of tensions over Taiwan. Lenders including Societe Generale SA, JPMorgan Chase & Co, UBS Group have asked their staff to review contingency plans in the past few months to manage exposures, according to ...

Bloomberg Bank of Japan (BOJ) Governor Haruhiko Kuroda said the government’s intervention in the foreign exchange market last week was appropriate given the recent volatility in the yen. The government’s action didn’t contradict with the BOJ’s ongoing monetary stimulus as the former is aimed at countering rapid, one-sided slide in the yen while the central bank’s monetary easing needs to ...