Bloomberg Stocks extended their losses on Monday and oil built on gains as investors continued to grapple with the aftermath of a US airstrike that killed a powerful Iranian general. Gold surged to the highest in more than six years. Futures for the main American equity gauges retreated for a second session after Iran said over the weekend it would …

Bloomberg Chinese and Hong Kong stocks saw sharp afternoon selling, in part on fresh worries about US-China trade, and the concerns also pressured the yuan. After sporting gains despite selling in most of Asia, the Shanghai Composite Index fell as much as 0.6% on the day before ending just 0.01% lower. The Hang Seng Index in Hong Kong was down …

Bloomberg China pledged to step up measures to shore up its troubled banks and small businesses while continuing a crackdown on shadow banking and property speculation, in a difficult balancing act that risks exacerbating a build up in bad debt at its traditional lenders. As concerns mount over the state of China’s $45 trillion financial system, the nation’s central bank …