China’s consumer price rose the most since mid-2014 last month as food costs jumped amid the week-long Lunar New Year holidays, where millions binge on roast pork, duck, seafood, and vegetables.

A US housing regulator is set to take two of the world’s biggest banks to trial on Monday to try to recoup more than $1bn (€955m) in damages over mortgage bonds sold to government-run mortgage finance companies ahead of the 2008 economic crisis.

China’s economy may have expanded about 8.4% in the first quarter, the least since the first half of 2009, according to an estimate given by an official 10 days before the data is due.

STRUCTURED Credit Co, an Irish underwriter of credit products for investment banks, said it has secured funding to help reorganise its business.