Russia’s ability to sidestep its first foreign default in a century is turning more fraught as another payment comes due on the warring nation’s debt.

The US Treasury was wrong to prevent Russia from continuing to pay its foreign currency debt and has now made life harder for bondholders, according to Lee Buchheit and Elena Daly, sovereign debt lawyers with expertise on Russia.

US wage growth looks to be peaking, a heartening development for the Federal Reserve if not for American workers.

Europe’s latest push to revive long-stalled negotiations over a single market for banks risks being undermined by efforts to change the rules for winding down failed lenders.

China will allow foreign institutional investors to trade bonds on its smaller exchange market in its latest step to attract more capital inflows by opening its financial markets, after a record selloff of Chinese holdings by foreign investors.

Morrison & Foerster is advising SoftBank Group Corp.’s Latin America Fund on its leading of a $150 million Series C funding round for Nowports, an automated digital freight forwarder based in Monterey, Mexico.