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Beijing air quality worst in 18 months

Bloomberg Beijing’s air quality was the worst in 18 months on Monday, a possible result of more flexible emissions curbs for the winter. The economic slowdown may have been behind the decision to move away from the hard targets of last year, with the government trying to keep factories churning, according to some economists. The concentration of PM 2.5 particles ...

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Ghosn removed as Mitsubishi chairman in boost to Nissan

Bloomberg Carlos Ghosn was dismissed as Mitsubishi Motors Corp. chairman in a boost to its biggest shareholder Nissan Motor Co., which has been positioning to secure more power in the alliance they share with Renault SA in the wake of the car titan’s shock arrest. The board of the smallest and newest member of the world’s biggest auto union — ...

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Hong Kong’s top IPO­­­s bring worst returns

Bloomberg Hong Kong’s hottest initial public offerings have produced the worst returns for investors this year, while the least popular deals have fared far better. Ping An Healthcare and Technology Co., in which retail investors placed orders for 654 times the shares initially available, has tumbled 37 percent since it started trading in May. Biotechnology firm Ascletis Pharma Inc., whose ...

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