Bloomberg Chinese consumers may have a lot more cash at their disposal than previously thought — and they’re ready to flash it. That’s the upshot of two items throwing fresh light on the outlook for consumer spending, a key metric in China’s much-vaunted shift from an investment- and export-led economy to one more based on people buying things like holidays, ...

Bloomberg Sea Ltd., Southeast Asia’s most valuable startup, has filed confidentially for a potential US initial public offering that could raise about $1 billion, according to people with knowledge of the matter. The Singapore-based company, formerly known as Garena, filed with the US Securities and Exchange Commission in the past few weeks, according to the people, who asked not to ...

Bloomberg Fiat Chrysler Automobiles NV keeps running into trouble with the same government that arranged its shotgun marriage. With a US Justice Department lawsuit filed alleging violations of clean-air rules, the Italian-American carmaker now will have to defend itself against accusations it’s run afoul of environmental, safety and securities laws in the span of just a few years. The suit ...