China’s interest-rate swaps traded near the lowest level since June after a report signaled the nation’s manufacturing contracted for a fourth month and the central bank eased reserve requirements for some rural banks.
Russian shares climbed the most in more than three weeks and Asian stocks advanced after talks in Geneva produced an accord aimed at easing the conflict in Ukraine. Rubber slid to the lowest since 2009.
Chinese stocks trading in New York rose, posting their second weekly gain, on speculation the government will take additional steps to stimulate the economy. Weibo Corp. climbed 19 percent in its trading debut.
China’s broadest measure of new credit fell 19 percent from a year earlier and money supply grew at the slowest pace on record, underscoring risks of a deeper slowdown as the government tries to curb financial dangers.
China’s benchmark stock index extended the biggest five-day rally in eight weeks as Chongqing Changan Automobile Co. led gains for consumer-discretionary shares and China Petroleum and Chemical Corp. rose. Banks fell.
Loan growth at Ghana’s UT Bank Ltd. will be slower this year after the central bank increased the cash-reserve ratio and as treasury bill rates rose, according to Deputy Managing Director Pearl Esua-Mensah.