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Hong Kong wants more Teslas on roads

Bloomberg Hong Kong just made buying an electric car cheaper, unveiling a tax benefit that’s set to boost demand for Teslas and other green vehicles from makers such as BMW. Electric-vehicle buyers who trade in an eligible gas-guzzler will get a waiver of as much as HK$250,000 ($32,000) on the first registration tax, the government said when delivering its annual ...

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Yahoo Japan slumps after shareholder stock sale

Bloomberg Yahoo! Japan Corp. shares fell by the most in 10 months after Altaba Inc., its second-largest shareholder, outlined plans to sell its stake in the country’s most popular web portal. The stock fell as much as 9.6 percent, the most since April 2017, after Altaba Chief Executive Officer Thomas McInerney said in a conference call that the company is ...

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Bezos-backed cancer-screening startup pursues HK for IPO

Bloomberg A US-based cancer detection startup backed by the world’s two richest men is planning an initial public offering in Hong Kong, people with knowledge of the matter said, bolstering the Asian financial centre’s push to start attracting biotech listings. Grail Inc. is working with advisers on the proposed share sale, the people said, The firm may seek to raise ...

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