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China’s housing market shows signs of cooling

Bloomberg More signs have emerged that China’s housing market is cooling, with sales in the secondary market, land purchases by developers and contracted sales at the biggest builders all falling last month, as these three charts show. Sales of existing homes, which are quarantined from the government curbs on the new home market, last month plunged to a four-year low ...

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Infosys is boring again, and that’s a good thing: Nilekani

Bloomberg Infosys Ltd. has returned to stability, almost a year after the appointment of a new chief executive ended a tumultuous period at the Indian software and services company. Chairman Nandan Nilekani, speaking on the sidelines of Bloomberg’s New Economy Forum in Singapore, said that the turnaround is complete. “This is all very much from the past,” he said of ...

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Chinese car billionaire Li sets sights on ‘supersonic’ trains

Bloomberg Chinese billionaire Li Shufu spent the past decade expanding his auto empire buying Volvo, a stake in Daimler AG and a startup that is building flying cars. Now he’s looking to reinvent the bullet train. Li’s Zhejiang Geely Holding Group signed an agreement on Tuesday with state-owned China Aerospace Science and Industry Corp. to build “supersonic trains” using homegrown ...

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