Bloomberg Mexico’s central bank unexpectedly accelerated the pace of interest rate increases, a hawkish move that seeks to contain quickly-deteriorating inflation expectations. Policy makers led by outgoing central bank Governor Alejandro Diaz de Leon raised the benchmark rate by a half-point to 5.5%, their most aggressive hike since February 2017. They surprised all but eight of 25 economists surveyed ...

  Bloomberg For equity investors in South Korea, this was the year the metaverse arrived. Six of the nation’s 10 best-performing stocks in 2021 are linked to the virtual universe or non-fungible tokens, including Wemade Max Co, which has surged 1,500% as it seeks to be a blockchain game developer, and its top holder Wemade Co Virtual effects creator Giantstep ...

  Bloomberg Stocks in Europe edged higher on Wednesday along with US equity-index futures as investors assessed the economic implications of the omicron coronavirus outbreak. Treasuries and the dollar were steady. The Stoxx Europe 600 index nudged to within a whisker of another record, with retailers outperforming. Technology shares declined, following the sector’s retreat in Asia and the US. Contracts ...