Bloomberg India will sell as much as 9 percent in monopoly miner Coal India Ltd. in a public offer starting on Wednesday, according to a regulatory filing by the country’s coal ministry. The federal government, which owns 78.55 percent in the world’s largest coal producer, will sell a 3 percent stake, or 186.22 million shares, with an option to sell ...

Bloomberg China’s manufacturing sector worsened in October as the trade war hit home, adding to risks the global economy may be edging towards a synchronised slowdown. China’s official factory gauge missed estimates with a reading of 50.2 and its exports sub-index slumped to the lowest reading since early 2016. In other data released on Wednesday, Industrial output for September in ...

Bloomberg Guess which city managed to top a luxury real-estate ranking despite a slew of cooling measures to tame its property market? Yes, the tiny island nation of Singapore, nudging out Hong Kong. Luxury home prices rose 13 percent in the quarter ended September 30 from a year earlier, according to Knight Frank LLP’s Prime Global Cities Index. Gains were ...