Emerging-market stocks rebounded from a one-month low after data showing a slowdown in Chinese growth bolstered bets on more economic stimulus. Brazil’s Ibovespa led gains among major equity gauges in the Americas.
Bank of Canada Governor Stephen Poloz remained neutral on the direction of his next interest- rate move, saying he will look through a quickening of inflation this year with companies still slow to invest.
Cocoa processing in Asia climbed 3.7 percent in the first quarter as consumption of chocolate- based confectionery and beverages increased in the region, spurring grinding capacity expansion in Indonesia.
The hryvnia surged for a second day after Ukraine raised interest rates to stem the world’s worst selloff, as mounting separatist tension in the country’s east pushed investors out of bonds and stocks.
GEA Group AG agreed to sell its heat-exchangers unit to private-equity firm Triton Advisers Ltd. at an enterprise value of 1.3 billion euros ($1.8 billion) and will use the proceeds for purchases as it focuses on food- processing equipment.
RSA Insurance Group Plc said the head of its U.K. and western Europe business will leave the company, marking the first resignation of a senior manager since Stephen Hester was hired to revamp the British insurer.