Bloomberg Noted economist and Harvard professor Carmen Reinhart has become the latest person to sound the alarm about Hong Kong, saying the city’s property market is showing signs of a bubble. “There are elements in the Hong Kong picture that are very reminiscent of Ireland, Spain, Iceland” before their crises, she told the Nomura Investment Forum Asia 2019 in Singapore. ...

Bloomberg Demand from Asia’s growing legions of chocoholics has outpaced the ability of local farmers to supply cocoa beans, prompting a surge of shipments into the region from Africa and South America. Indonesia, the top producer and processor in the area, imported about 240,000 metric tons of beans last year, a record, and may buy more in 2019, said Piter ...

Bloomberg India has the political space to undertake “difficult” tasks to revive economic growth, an adviser to the nation’s government said after PM Narendra Modi was reelected to office with a landslide majority. The government can pass measures to spur investment, Sanjeev Sanyal, principal economic adviser at the finance ministry, said during a discussion on India’s politics versus economics organised ...