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China’s Steel Crisis Sends August Output to Lowest Since 2017

(Bloomberg) -- China’s steel production fell by more than 10% from a year earlier in August as the industry reeled from low prices and...

China Home Prices Drop Accelerates as Stimulus Effects Fade

(Bloomberg) -- China’s home prices fell at a slightly faster pace in August, underscoring the waning effect of the latest housing rescue plan.Most Read...

Small Markets Steal Limelight as Global Equities Rally Broadens

(Bloomberg) -- After being sidelined by investors for much of this year, some smaller equity markets are suddenly winning favor.Most Read from BloombergThe trend...

Ex-Jefferies Fund Manager Faces Criminal Probe of Alleged Fraud

(Bloomberg) -- A former Jefferies Financial Group hedge fund manager who was sued for allegedly defrauding the fund out of more than $100 million...

Seven & I Gets New Designation, a Potential Buyout Hurdle

(Bloomberg) -- The Japanese government added Seven & i Holdings Co. to a list of “core” designated companies, a potential hurdle for Alimentation Couche-Tard...

EU Nations to Quiz IMF Chief Over Russia Engagement

(Bloomberg) -- Several European Union nations intend to challenge International Monetary Fund chief Kristalina Georgieva about the Washington-based lender’s plan to engage with Russia...

DSV in €14.3 Billion Deal to Buy Deutsche Bahn’s Logistics Unit

(Bloomberg) -- DSV A/S agreed to buy Deutsche Bahn AG’s logistics unit at an enterprise value of €14.3 billion ($15.9 billion) in a deal...

Yen Rises, Treasuries Gain as Fed Easing Nears: Markets Wrap

(Bloomberg) -- The yen strengthened for a fourth day against the dollar, while falling Treasury yields broadened an emerging-market currency rally to Asia after...

World’s Biggest Refined Zinc Producer Jumps by Record After Tender Offer

(Bloomberg) -- MBK Partners and the top shareholder of Korea Zinc Co. jointly launched a tender offer seeking to buy a controlling stake in...

China Bond Yields Sink to Record Low with Intervention in Focus

(Bloomberg) -- China’s government bonds extended an advance, sending benchmark yields to a record low, as traders piled into the securities despite the authorities’...

PDD’s Status as Top China Growth Stock in Doubt After 30% Drop

(Bloomberg) -- PDD Holdings Inc.’s position as China’s top-performing tech stock is in danger, amid a crisis of investor confidence over the e-commerce firm’s...

US Steel Deal ‘Doomed,’ Says Union ‘Steadfast’ in Opposition

(Bloomberg) -- The United Steelworkers union says it will not be bullied into accepting Nippon Steel Corp.’s last-ditch efforts to win over workers for...

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