Portugal’s bonds rose, with five-year yields falling from the highest in four weeks, as the nation exchanged 6.6 billion euros ($9 billion) of short-maturity notes for longer-dated debt to ease its funding needs.
U.K. Prime Minister David Cameron called for the European Union to open talks with China on a full-scale trade deal, as the bloc seeks to curb Chinese goods that EU officials say are being dumped and subsidized.
Mining magnate and lawmaker Clive Palmer plans to introduce a bill into Australia’s parliament opposed to the planned A$2.2 billion ($2.1 billion) takeover of GrainCorp Ltd. by U.S.-based Archer-Daniels-Midland Co.
Norway’s Prime Minister Erna Solberg said pushing through a budget designed to avoid krone appreciation marks her first step toward weaning western Europe’s biggest crude producer off its oil reliance.
Portugal’s ability to regain full market access after its aid plan ends is limited and support from European partners will remain important to assure medium term financing needs, the International Monetary Fund said.