Hong Kong Exchanges & Clearing Ltd. Chief Executive Officer Charles Li is said to be picking coal for his company’s first energy product a year after paying a record price for the world’s top metals bourse.
Japan’s population slid for a third year with the proportion of people over the age of 65 at a global record, underscoring the challenge the world’s most- indebted economy faces in financing its aging society.
Brent and West Texas Intermediate crudes rose to five-week highs as tension escalated between Ukraine and Russia, the world’s biggest energy exporter. Brent’s premium to WTI widened for the first time in seven days.
Industrial & Commercial Bank of China Ltd. and Bank of China Ltd. won approval to change how capital ratios are calculated, in line with international standards, as regulators seek to ease financing constraints for the country’s biggest banks.