Bloomberg Colombia raised interest rates to the highest level since 2009 as a slump in the peso adds to inflationary pressure in Latin America’s fastest-growing major economy. The central bank increased its benchmark rate by 1.5 percentage points for a second straight month, to 9%, governor Leonardo Villar told reporters after the meeting. Six board members voted for the ...

Bloomberg European stocks ticker higher as corporate earnings continued to deliver upside surprises while investors assessed remarks from central bankers that higher interest rates are needed to bring inflation under control. The Stoxx 600 Index rises 0.2%, led by banks, as HSBC Holdings Plc posted better-than-estimated profits. S&P 500 contracts slipped following the best month for US stocks since November ...

  Bloomberg Bitcoin declined after reaching the highest levels since mid-June on Saturday amid optimism that the market may have recovered from its worst levels. The largest cryptocurrency dropped as much as 2.8% to $23,130 on Monday after hitting $24,658 on Saturday, its highest since June 13. Its 27% gain in July made for the best month since October. Ether ...