Bloomberg India is considering options including offering subsidised loans to cash-strapped wireless carriers that owe $13 billion in past dues, according to people with knowledge of the matter. The proposals include asking the companies to pay 20% of the principal upfront and the rest over a period of 16 years at an interest rate of 0.5% over the yield on ...

Bloomberg China is slowly starting to get back to work, as it battles the coronavirus outbreak that has killed more than 2,900 people and sickened tens of thousands. Government controls and the fear of going outside have curtailed spending, and many factories are still not working at full capacity due to a lack of staff, with workers still in their ...

Bloomberg Mitsubishi UFJ Financial Group Inc’s securities joint venture with Morgan Stanley is cutting equities staff in Tokyo, including several managers, people with knowledge of the matter said. Managers Yasutaka Takedomi and Toru Kaneda are among five to 10 employees in the sales trading team who are leaving Mitsubishi UFJ Morgan Stanley Securities Co, the people said, asking not to ...