Stocks and bonds are far more sensitive to economic indicators than they have been in the past—because investors are aware of just how much rests on a soft landing.
The EU’s aviation-safety agency called for inspections of Airbus A350 aircraft after Cathay Pacific discovered that engine parts on some of its planes needed replacing.
China detained several AstraZeneca employees on suspicion of bringing an unapproved cancer drug into the country, people familiar with the matter said.
Two China-owned financial institutions have agreed to merge through a share swap, creating an entity with $228.28 billion in assets, as Beijing pushes to strengthen its domestic financial market.