Bloomberg Tokyo prosecutors arrested a ruling party lawmaker on suspicion of receiving bribes from a Chinese company seeking to invest in the casino industry, dealing a blow to already unpopular plans to open the country to the gaming industry. Liberal Democratic Party politician Tsukasa Akimoto, who had served as a vice minister in charge of promoting the establishment of casinos ...

Bloomberg Typhoon Phanfone continues to bring destructive winds and intense rainfall over parts of central Philippines on Wednesday, a day after forcing hundreds of people to evacuate and stranding thousands of holiday travelers in Asia’s largest Catholic nation. Locally called Ursula, it packed maximum sustained winds of 140 kilometers (87 miles) per hour and gusts of up to 195 kph, ...

Bloomberg India’s economy showed nascent signs it may be turning a corner after six straight months of anemic activity. Two of the eight high-frequency indicators compiled by Bloomberg News came in stronger in November based on a three-month weighted average reading, although that wasn’t enough to move the needle on a gauge measuring overall activity. The dashboard measures “animal spirits,” ...