Bloomberg The chairman of a Hong Kong-listed property developer and his wife cut their stake just as the stock plunged 89 percent. Shares were halted from trading after sinking again on Tuesday. Shum Tin Ching and his wife Wang Xinmei sold 93.6 million shares of Jiayuan International Group Ltd at an average of HK$2.7611 apiece — about a 79 percent ...

Bloomberg Tesla Inc hasn’t signed any pact with Tianjin Lishen Battery Joint-Stock Co, a spokeswoman for the electric-car maker said, denying a Reuters report that it had inked a preliminary agreement with the Chinese firm. “This is completely false,” according to a WeChat response to a query from Bloomberg News. “Tesla previously received quotes from Lishen, but did not proceed ...

Bloomberg Singapore’s finance minister said next month’s budget will focus on infrastructure spending, healthcare for an aging population, and helping businesses transition to a digital economy. “We want to be able to continue to invest in education, the healthcare of our people, and in taking care of the growing number of seniors,” Heng Swee Keat said in an interview with ...