Bloomberg China’s wireless carriers are reporting drops in users as the coronavirus crisis cuts business activity, with China Mobile Ltd, the world’s largest carrier, reporting its first net decline since starting to report monthly data in 2000. China Mobile subscriptions fell by more than 8 million over January and February, data on the company’s website show. China Telecom Corp has ...

Bloomberg China’s government is talking up the prospects for a rapid economic rebound from the coronavirus, even as the global economy sees further lockdowns to curb the spreading disease. Since March 20, the premier, who leads economic policy making, and a senior central-bank official, have pointed to the control of the outbreak and the resumption of activity as reasons for ...

Bloomberg SoftBank Group Corp unveiled a plan to raise as much as 4.5 trillion yen ($41 billion) over the coming year to buy back stock and slash debt, a dramatic attempt to reassure investors about the stability of its empire amid fallout from the global outbreak of Covid-19. Billionaire Masayoshi Son’s investment giant said it’s authorised the sale or monetisation ...