Bloomberg Malaysia will return 42 containers of illegal plastic waste to the UK, which has agreed to take them back, as the Southeast Asian nation continues its fight against becoming the world’s dumping ground for trash. The containers, which arrived at Penang Port between March 2018 and March 2019, were classified as illegal because they failed to comply with the ...

Bloomberg India’s digital payments pioneer Paytm announced new funding from existing shareholders like SoftBank Group Corp’s Vision Fund and new investors, as competition in the country’s finance sector heats up. Though the company did not disclose details, it raised $1 billion in equity at a $16 billion valuation, according to a person familiar with the matter. It is in talks ...

Bloomberg China Mengniu Dairy Co agreed to buy Kirin Holdings Co’s Australian beverage unit Lion Dairy & Drinks for about 45.6 billion yen ($419 million), the Chinese dairy giant’s latest foray into the continent. Mengniu will pick up Lion’s milk, yogurt and juice products, the companies said in a statemen. The deal is expected to close in the first half ...