Bloomberg Hong Kong’s retail sales missed estimates in December, as a slowing mainland economy dampened consumer sentiment and the surge in cross-border tourists failed to translate into a spending bump. The city’s retail sales by value expanded 0.1 percent last month from a year earlier, compared with the median estimate of 1.4 percent among six analysts surveyed by Bloomberg and ...

Bloomberg Malaysia has asked the World Health Organisation (WHO) to retract a report that says the palm oil industry is deploying tactics similar to tobacco lobbyists to influence research into the health effects of its products. The report, published in the Bulletin of WHO, makes claims that “casts aspersions on the reputation of our scientists and researchers” and ignores findings ...

Bloomberg Luckin Coffee, the ambitious Chinese startup rolling out thousands of stores to take on Starbucks Corp., is beginning preparations for a US initial public offering (IPO) that could raise around $300 million, people with knowledge of the matter said. The company is working with Credit Suisse Group AG on the deal, which could take place as soon as the ...