Bloomberg Chinese consumers may have a lot more cash at their disposal than previously thought — and they’re ready to flash it. That’s the upshot of two items throwing fresh light on the outlook for consumer spending, a key metric in China’s much-vaunted shift from an investment- and export-led economy to one more based on people buying things like holidays, …

Bloomberg Sea Ltd., Southeast Asia’s most valuable startup, has filed confidentially for a potential US initial public offering that could raise about $1 billion, according to people with knowledge of the matter. The Singapore-based company, formerly known as Garena, filed with the US Securities and Exchange Commission in the past few weeks, according to the people, who asked not to …

Bloomberg Fiat Chrysler Automobiles NV keeps running into trouble with the same government that arranged its shotgun marriage. With a US Justice Department lawsuit filed alleging violations of clean-air rules, the Italian-American carmaker now will have to defend itself against accusations it’s run afoul of environmental, safety and securities laws in the span of just a few years. The suit …