Bloomberg Argentina’s central bank raised its benchmark rate for the third time this year as the inflation continues to speed up. Officials increased the key, 28-day Leliq rate by 200 basis points to 44.5%, according to a statement. The announcement comes after President Alberto Fernandez declared a “war on inflation” last week, adding days later that the government will ...

  Bloomberg European stocks ticked higher with US futures, while Treasuries extended their slide as investors weighed the risks of rising inflation and the impact of the war in Ukraine. Oil fluctuated and the dollar edged higher. The Stoxx Europe 600 Index rose 0.2%, with utilities the best-performing sector and technology the worst. Shares in Russia advanced as they partially ...

Bloomberg Tokyo prosecutors charged SMBC Nikko Securities Inc and five of its staff members with alleged stock market manipulation, as a trading scandal that’s rocked the nation’s financial industry escalated in the Japanese capital. The prosecutors indicted the brokerage arm of the nation’s second-biggest banking group and the five employees in relation to allegedly propping up the price of certain ...