South African business confidence stayed locked at the lowest level in two years in the second quarter as a slump in economic output raises the risk of a second recession in successive years.

The boast by People’s Bank of China governor Yi Gang this month that he has “tremendous room” to adjust policy could soon be tested as the economy slows, throwing attention on the impact on the nation’s fragile currency and financial markets.

Alibaba Group Holding Ltd has filed confidentially for a Hong Kong listing, people familiar with the matter said, moving closer to what is potentially the city’s biggest share sale since 2010.

Global markets may be too complacent in the face of major upcoming events, with mispricing evident in the options market and a risk that stocks could tumble if investors don’t like what they hear from the Federal Reserve, according to JPMorgan Chase & Co.

Safety concerns, trade wars and growing security tensions in the Gulf are dampening spirits at the world’s largest plane makers as they arrive at this week’s Paris airshow with little to celebrate despite bulging order books.

Volkswagen AG valued its heavy-trucks business at as much as $18.6bn in a planned initial public offering that will test chief executive officer Herbert Diess’s ambition of overhauling the car making behemoth.

Boasting the surging growth of an emerging economy alongside inflation more akin to a developed market, Poland has for years been the envy of Europe. That “Goldilocks” combination, however, won’t be around much longer.

Whether it’s an immigration deal with Mexico, a new base for US soldiers in Poland or tariffs on Chinese imports, what’s important to Donald Trump is that some other country will pay the bill.

Industrials and telecom equities on Sunday extended the bearish spell on the Qatar Stock Exchange to the second straight session as its key index fell below 10,500 levels.

Qatar International Court and Dispute Resolution Center (QICDRC) on Sunday entered into a pact with a World Bank body as part of plans to enhance its profile in the global judicial system and establish itself as a hub for dispute resolution.

Two of Qatar Airways state-of-the-art fleet will be on display at the Paris Airshow, which takes place from June 17-23 at Le Bourget in the French capital.

Indian Prime Minister Narendra Modi said yesterday that the goal to make India a $5tn economy is challenging but can be achieved and asked the states to recognise their core competence and work towards raising GDP targets.