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Surging iron ore won’t ‘fall off a cliff,’ says Rio Tinto

  Bloomberg Iron ore will defy forecasts for a dramatic price collapse as China’s economy remains strong and the top buyer boosts demand for higher-quality imports, according to Rio Tinto Group, the second-largest exporter. “I wouldn’t necessarily say that it’s going to fall off a cliff,” Chief Financial Officer Chris Lynch said in an interview with Bloomberg Television’s Daybreak Australia. ...

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Hong Kong TV broadcaster sweetens buyback offer

  Bloomberg Television Broadcasts Ltd. sweetened the terms of its share buyback offer after Hong Kong’s dominant free-to-air TV broadcaster received an unsolicited bid for 29.9 percent of the company from TLG Movie & Entertainment Group. The shares jumped to the highest since August 2015. TVB, which announced plans to repurchase as many as 138 million shares on January 24, ...

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Japan economy marks growth

  Bloomberg Japan’s economy is cruising along, at least by its own recent standa- rds, with real growth clocking in at 1 percent in 2016. It may have reached top speed. Real gross domestic product expanded for a fourth consecutive quarter at the end of 2016, the best run in more than three years. A number of indicators are flashing ...

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