Bloomberg East West Banking Corp., the Philippine lender that took over some of Standard Chartered Plc’s local operations last year, plans to sell a minority stake to a strategic investor, according to people familiar with the matter. The retail-focused bank is working with an adviser to sell about a 20 percent stake, the people said, asking not to be identified ...

Bloomberg Singapore Airlines Ltd. shares plunged the most in almost six years after reporting a surprise loss because of intense competition, prompting Southeast Asia’s biggest carrier to kick off a review of its business. The stock slumped 7.3 percent to S$9.98, erasing S$922 million ($663 million) in market value. Chief Executive Officer Goh Choon Phong said he would leave “no ...

Bloomberg Billionaire Richard Branson signaled he may jump back into the US airline business after tussling with Alaska Air Group Inc. over how long the carrier must pay royalties on his Virgin America brand. Alaska has to keep paying ‘unless we decide to start another airline. So, we’ll see what happens,” Branson said in an interview with Bloomberg TV. When ...