OPEC+ is considering its biggest production cut since 2020 as it tries to stabilize oil prices, a move that risks cranking up tensions with Washington.
Asian stocks played catch-up to a sharp rally in US and European equities that began to fade as fledgling hope that central banks would temper the pace of interest rate increases slipped further from view.
US stocks may resume their slump as they have only just begun to price in a recession, according to Citigroup Inc.’s quant strategists.
Credit Suisse Group AG’s deputy wealth management head for Asia is leaving after about two decades with the bank, joining a wave of departures from the embattled firm.
Canada’s main opposition Conservatives are ratcheting up pressure on the nation’s central bank, although the party’s new leader has put aside his previous call for the governor’s dismissal.
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