Asian stocks rose this week after U.S. data and earnings boosted optimism about the world’s biggest economy while further signs of slowdown in China stoked speculation the government will add stimulus to stabilize growth.
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.
Sharp Corp.’s bond risk, the highest among Japanese credit-default swaps, is falling as the supplier of displays for iPhones takes steps that may allow a return to the bond market for the first time since 2009.
Japanese stock-index futures rose as the Standard & Poor’s 500 Index capped its biggest weekly advance since July amid easing tensions over Ukraine and better- than-estimated earnings from companies from General Electric Co. to Morgan Stanley.
Mandatory ticket-payment cards for Turkey’s soccer league are spurring protests from fans who say the passes could be used for surveillance, while forcing them to pay the bank running the system a commission on every sale.
Post Holdings Inc. agreed to acquire Michael Foods Group Inc., the processing and distribution company controlled by Goldman Sachs Group Inc.’s private-equity arm, for $2.45 billion to strengthen its position in protein-based foods.