Bloomberg Business

Investors are bailing on preferred shares at a historic clip because of the growing concern about the health of US regional banks.

Price of groceries has grown 50% faster than overall inflation since 2020

The potential shifts in the political landscape of emerging markets this year are putting investors on edge, with a slew of upcoming elections adding to pressure on flailing bonds, stocks and currencies.

Arab League states moved Sunday to reinstate Syria to the 22-nation bloc, effectively ending President Bashar Al-Assad’s decade of regional isolation in defiance of US warnings.

The European Central Bank needs to continue raising interest rates amid a “too high” underlying inflation rate, said Governing Council member Klaas Knot.

Pakistan reassured China its investments and personnel in the country will be protected from increased militant attacks that hindered progress on President Xi Jinping’s flagship Belt and Road Initiative.

Ukraine’s air force commander said the military’s air defense intercepted a hypersonic Kh-47 “Kinzhal” missile, one of Russia’s most modern weapons, fired during a night attack on May 4, with the aid of a US Patriot defense system.

The leaders of South Korea and Japan struck a chord of unity at a rare summit where the US allies agreed to cooperate on North Korea and implement a deal meant to heal a rift stemming from their troubled histories.

Malaysian authorities granted a six-month extension to Australia miner Lynas Rare Earths Ltd. to get its rare earth plant in line with environmental requirements.

Coal India Ltd., one of the world’s top producers of the fuel, reported a 17% decline in profits following a 12-times surge in provisioning for higher staff wages.