Bloomberg China’s State Administration for Industry and Commerce is reviewing an antitrust complaint accusing Apple Inc. of abusing its dominant position in smartphone applications, people familiar with the matter said. The regulator is studying the information following a complaint filed on behalf of developers before deciding if a formal investigation is necessary, said the people, who asked not to be …

Bloomberg Streets in Mumbai, India’s financial capital, were relatively empty while trading volumes in stock and bond markets dropped as residents stayed home following the worst downpour in 12 years. The city’s Santacruz weather center recorded 33.1 centimetres of rain in 24 hours that ended at 8:30 am on Wednesday, the most since 94.4 centimeters of precipitation recorded 12 years …

Bloomberg Asian equities advanced as fears of escalating geopolitical risk eased following US President Donald Trump’s tempered response to North Korea’s launch of a ballistic missile across Japan. More than two stocks rose for each share that declined on the MSCI Asia Pacific Index, which gained less than 0.2 percent to 160.47 as of 4:31 p.m. in Hong Kong, following …