Bloomberg Gap Inc., the biggest US apparel-focused retailer, fell in late trading after posting July comparable sales that missed analysts’ estimates and indicated that foot traffic at its stores might not improve as much as expected later in the year. Same-store sales — a key benchmark — dropped 4 percent in July, the San Francisco-based retailer said in a ...

  Jakarta/ AFP The main airport serving the Indonesian capital Jakarta has opened a new terminal that will allow the overcrowded aviation hub to handle tens of millions more passengers a year. Air passenger numbers are soaring in Indonesia, the world’s biggest archipelago nation and Southeast Asia’s top economy, as a growing middle class increasingly chooses to fly but ageing ...

  Bloomberg Hong Kong real estate shares haven’t been this hot since the city’s last housing bubble burst almost two decades ago. The industry’s benchmark equity gauge has surged 37 percent from this year’s low in January, climbing to the highest level versus Hong Kong’s Hang Seng Index in 19 years on July 29. The last time property companies performed ...