Bloomberg China’s fast-growing $157 billion market for exchange-traded funds became directly accessible to overseas investors, at least four years since the plan was first hatched. Four so-called “feeder” ETFs began trading in Shenzhen and Hong Kong, the first batch in a project aimed at connecting the two markets. The Shenzhen funds track the Hang Seng China Enterprises Index and the …

Bloomberg Philippine stocks are beating global peers this week after having spent much of the year in the company of the world’s worst-performing equity markets. The turnaround has been spurred by economic reopenings and a drop in the pace of Covid-19 cases, which saw foreign investors turning net buyers of local stocks after 28 days of selling. The Philippine Stock …

Bloomberg Libya’s crude production will rise above 1 million barrels a day in the next four weeks after the nation reopened the last of its oil ports, according to the state energy firm. The National Oil Corp. (NOC) said it lifted force majeure — a clause in contracts allowing deliveries to be suspended — at the eastern ports of Es Sider, …