Bloomberg Peru’s central bank tightened monetary policy for a fourth straight month after inflation accelerated to its fastest pace in more than 12 years. Policy makers, led by bank President Julio Velarde, raised their key interest rate by a half-point to 2%, as forecast by six of eight economists surveyed by Bloomberg. One analyst expected an increase of 75 basis …

Bloomberg For years, Chinese leaders have been fighting an uphill battle to drive funding for small business. They are counting on Beijing’s first-ever stock exchange to get the job done. The Beijing Stock Exchange, which launches on Monday, is intended as a platform to house small and medium-sized companies that have long faced difficulty raising capital because they aren’t large …

Bloomberg Asia’s earnings growth slowed considerably in the latest quarter, putting the region’s already lackluster stock markets further behind global peers. Third-quarter earnings per share grew by 36% for MSCI Asia Pacific Index members, a muted performance compared with the triple-digit gains in the first half thanks to the rebound from the pandemic, according to the latest earnings data compiled …