Bloomberg Equity mutual funds in India may witness their first monthly net outflows in more than four years as investors continue to cash out to tide over the pandemic-related credit crunch, while others hold off adding more in a rising stock market. Net withdrawals from stock plans may top 10 billion rupees ($134 million) in July, said Nilesh Shah, managing …

Bloomberg South Africa’s main stock index erases gains of as 0.3%, to decline 0.6% by 9:54 am in Johannesburg, with gold shares retreating the most in more than a month as the rally in bullion cools. Luxury retailer and market heavyweight Richemont weighs on the benchmark index after earnings from French peer LVMH disappoint analysts. Globally, investors are betting setbacks …

Bloomberg Oil edged lower after a weekly gain as investors weighed worsening relations between Washington and Beijing and the prospect of more supply against a weakening dollar and signs the virus is easing in the US. Futures in New York fell toward $41 a barrel after rising 1.7% last week. Chinese authorities took over the US consulate in Chengdu on …