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Bloomberg European stocks and US equity-index futures edged higher on Tuesday and most Asian shares rose amid a lull in trade-war headlines and simmering tension in Hong Kong. Treasuries fluctuated after a long weekend. The Stoxx Europe 600 Index headed for the first gain in three days as most major national benchmarks in the region advanced. Automakers climbed amid reports ...

Bloomberg In a disappointing third-quarter earnings season for Japan Inc, one prominent theme is that moves in the yen have been a particular headache. A total of 438 Tokyo-listed companies have cut their full-year earnings guidance, according to data compiled by Bloomberg. Fifty-six of them announced a change to their currency expectations in addition to their lowered profit forecasts. Prominent ...

Bloomberg Federal Reserve Chairman Jerome Powell is likely to signal again this week that monetary policy is on hold, buttressing the belief that he may steer clear of action through 2020. Surprisingly, that would be an historic anomaly for a US presidential election year. Rather than keeping its head down, the Fed has changed policy in one direction or another ...

Bloomberg China’s local governments are helping inject fresh capital into small lenders across the country, part of an expanding campaign to restore confidence in the world’s largest banking system. At least 10 small Chinese banks have raised money this year by selling shares packaged with non-performing loans, in several cases to buyers controlled by local authorities. In at least one ...

Bloomberg Some of Deutsche Bank AG’s top financial supervisors have doubts that Chief Executive Officer Christian Sewing’s latest pick for the management board is qualified for the job. Several watchdogs are worried that Michael Ilgner, hired as head of human resources from a small non-profit, doesn’t have experience leading large organisations or the banking background needed to join the top ...

Bloomberg French economic growth will cool slightly at the end of the year amid pressure on industry from the global slowdown, the Bank of France said. The softer pace of expansion indicates the euro area’s second-largest economy isn’t immune to the downturn in trade and manufacturing that’s hurting countries across the currency bloc. Until now, France had shown more resilience ...

Bloomberg The European Central Bank (ECB)could consider giving non-banks access to its balance sheet to keep control over money-market rates, according to Executive Board member Benoit Coeure. Speaking at a money-market workshop in Frankfurt, Coeure highlighted a “possible risk” that the new short-term rate called ESTR — designed to provide a more complete picture of actual borrowing conditions — “might ...

Bloomberg European banks have found a silver lining to their recent troubles: they can make a case that they’re too weak to abide by new regulations being set by Brussels. After years fighting a rearguard battle against tighter requirements set by global regulators, some bankers in Europe now say they sense an opportunity to persuade local policy makers to go ...

Bloomberg House Democrats this week are taking their effort to impeach Donald Trump into a risky new phase of public hearings that the president is eager to turn into a made-for-TV personal battle, echoing his successful White House run in 2016. The hearings on Wednesday and Friday feature three career diplomats who, in previous closed-door depositions, outlined attempts by Trump’s ...

Bloomberg Israel assassinated a senior commander of the Islamic Jihad group in the Gaza Strip on Tuesday, touching off a barrage of Palestinian rocket fire at Israeli communities and Israeli airstrikes that shattered a truce that’s largely held for months. Islamic Jihad accused Israel of also targeting another of its top commanders, Akram al-Ajouri, in the Syrian capital, Damascus. In ...