Bloomberg At least 27 people have died and thousands fled their homes because of flooding in western Japan, with Mazda Motor Corp. in Hiroshima halting production at the weekend. Local television showed overflowing rivers, submerged vehicles and homes crushed under landslides in what’s being described as “historic rainfall”. National broadcaster NHK reported 47 were missing. More than 48,000 police, rescuers ...

Bloomberg Another day. Another IPO. Another Chinese billionaire magically appears. Mu Rongjun, the co-founder of food-delivery behemoth Meituan Dianping, is poised to be the latest to join the club as the company announced plans to go public last month. Of the 27 billionaires to surface in Asia this year, about a third did so through initial public offerings in Hong ...

Bloomberg President Donald Trump threatened to impose tariffs on every single Chinese import into America as the world’s two largest economies exchanged the first blows in a trade war that isn’t set to end anytime soon. After months of rhetoric, a 25% levy on $34 billion of Chinese goods entering the US took effect just after midnight Washington time with ...