Stocks rose on the last trading day of the quarter and a global bond selloff eased after dovish-leaning comments from Federal Reserve policymakers and signs that European inflation is finally slowing.
China blocked a senior executive at US risk advisory firm Kroll from leaving the mainland, the Wall Street Journal reported, the latest case of Chinese authorities imposing exit bans on the employees of foreign firms.
Billionaire Anil Agarwal is exploring an overhaul of his lucrative Indian zinc unit that could split out its three core businesses, as part of the wider Vedanta group’s efforts to reduce a multibillion dollar debt load.
The Riksbank’s next move in its battle to curb inflation remains shrouded in uncertainty, with a decision to keep rates unchanged in November a possibility despite concern over stubborn price increases on services, Deputy Governor Martin Floden said.
China’s economy showed signs of a stronger recovery in September, according to several early indicators and a firm analyzing the global economy using satellite data.
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