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  Bloomberg China should tighten monetary policy as signs of overheating emerge amid quickening inflation, according to the top-ranked forecaster for the nation’s economy. With policy makers torn between reining in price gains and stabilizing growth, corporate lending has become too cheap, said Song Yu, chief China economist at Beijing Gao Hua Securities Co. The real interest rate for companies ...

  Bloomberg Lloyds Banking Group Plc was hit by a cyber attack that disrupted online services for customers two weeks ago, a person with knowledge of the matter said, amid mounting concern over the threat hackers pose to major banks. Britain’s largest mortgage lender was targeted by a denial-of-service attack, which aims to cripple an online system by flooding it ...

  Bloomberg A new row is brewing between Kenyan banks and parliament after a lawmaker proposed placing restrictions on deposits by state-owned companies, months after the state imposed a cap on lending rates. Kimani Ichungw’a, vice chairman of the Public Investments Committee, drafted a bill seeking to bar state-owned corporations from investing or depositing public funds with lenders in which ...

  Reuters Turkey’s lira was little changed on Tuesday, with investors holding back from taking big bets ahead of a central bank meeting later in the day seen as a critical test of its monetary policy credibility. The lira has fallen some 8 percent so far this year, making it one of the worst performing major emerging market currencies. Investors ...

  Bloomberg Bond investors are snapping up Canadian bank debt that’s likely to start disappearing under new government rules expected early this year to protect taxpayers from having to bail out a failing financial firm. About C$100 billion ($75 billion) in deposit notes outstanding — senior unsecured bank debt valued for its credit quality, liquidity, and widespread inclusion in portfolios ...

  NEW DELHI / AP The end is coming, though admittedly it may not look that way at 10 a.m. on a Tuesday morning, when dozens of young Indians have arrived for morning classes at Anand Type, Shorthand and Keypunch College, and every battered Remington is clattering away. Looking around the cramped classrooms, you might think that the typewriter still ...

  Mainz / AP A terminally ill woman’s dearest wish was to see her favourite soccer team play one last time. The woman, in her mid-50s, had suffered a heart attack and an infection of the abdominal cavity. Her hospice room was covered in football scarves and posters of German club FC Kaiserslautern. Thanks to the Workers’ Samaritan Federation (ASB), ...

  DUBAI / Reuters Saudi Arabia’s stock market continued rebounding on Tuesday in a generally strong Gulf region, while a drop by shares in real estate firm Emaar Misr dragged down Egypt. The Saudi index climbed 1.1 percent, adding to Monday’s 1.7 percent gain. With the fourth-quarter earnings reporting season more or less over, many Saudi firms have posted flat ...

  Bloomberg The dollar slipped to a six-week low, boosting commodities from copper to crude as the post-election rally continued to falter in the Trump administration’s early days. US stocks fluctuated as investors assessed a slate of mixed corporate results. The Bloomberg Dollar Spot Index headed for its longest slump since November, extending losses after weak housing data. Johnson & ...

  Bloomberg US stocks advanced after the largest American housing company’s earnings topped estimates in a sign the tighter labor market is boosting consumers. The dollar slipped, sending a gauge of commodities to a seven-month high. An S&P measure of housing stocks surged more than 3 percent after D.R. Horton Inc.’s results, helping the S&P 500 Index to a gain ...