Bloomberg The world’s second-largest economy dialed back a gear as authorities crack down on the nation’s swelling financial leverage. Industrial output rose 6.5% last month from a year earlier, compared to 7% seen by economists and 7.6% in March. Retail sales rose 10.7% versus 10.8% seen by analysts. Fixed-asset investment excluding rural areas expanded 8.9% for first 4 months, compared ...

Bloomberg Toshiba Corp. is moving to block Western Digital Corp. employees from the flash-memory venture they share, after a threat of legal action loomed over the increasingly bitter dispute over who gets to buy the Japanese company’s chip unit. Western Digital invoked an arbitration clause in their business agreement, which could postpone a sale. Later on Monday, Toshiba will go ...

Bloomberg Singapore home sales more than doubled in April from a year earlier as homebuyer sentiment rallied after the government rolled back some property curbs following a three-year slide in prices. Developers sold 1,555 units in April, compared with 750 units in the same period last year, according to data released on Monday by the Urban Redevelopment Authority. A total ...