Jakarta Governor Joko Widodo is confronting the first major test since his election in September as floods that have claimed at least 20 lives highlight infrastructure gaps in Indonesia’s largest city.
Cie. Financiere Richemont SA, the maker of Cartier jewelry, fell the most in four months in Zurich trading after reporting third-quarter revenue that missed analysts’ estimates as Asia Pacific sales growth slowed.
European stocks climbed, following a late-day rally in the Standard & Poor’s 500 Index on Friday, as euro-area finance ministers meet for the first time this year. Asian shares fell while U.S. futures were little changed.
Central China Real Estate Ltd. and China SCE Property Holdings Ltd. are marketing U.S. dollar- denominated bonds, adding to the record $6.05 billion raised by Hong Kong and Chinese developers this year.
A Bangladesh war crimes tribunal sentenced a former leader of the country’s largest Islamic party to death, its first conviction for offenses carried out four decades ago during the independence struggle with Pakistan.