Hong Kong stocks slid, with the benchmark index capping the biggest decline in almost a month, after data showed China’s new credit fell in March from a year earlier and money supply grew at the slowest pace on record.
Italian Prime Minister Matteo Renzi is preparing to make top-level management nominations at companies including Eni SpA, the oil and gas producer that pays about 1.2 billion euros ($1.7 billion) in annual dividends to state entities and helps shape public policy.
The U.S. is tarnishing its reputation abroad by failing to adopt an overhaul of the International Monetary Fund’s ownership structure and governance, said the top finance official from the country chairing the Group of 20 nations this year.
U.K. Culture Secretary Maria Miller resigned from the cabinet after six days of pressure from the media, the opposition and members of her own Conservative Party over her handling of an expenses probe.
Goldman Sachs Group Inc. said Hungarian Prime Minister Viktor Orban’s re-election means “unpredictable” policies that risk weighing on growth, as the nation’s bonds suffer East Europe’s worst returns after Russia.