Bloomberg Hong Kong’s new-home sales cooled, another sign of weakness in a property market that may be at risk of a correction. The transaction value so far in October is HK$11.2 billion ($1.4 billion), the lowest level in 16 months once holiday distortions are excluded. The number of transactions stood at 1,130, down by almost half from the total for ...

Bloomberg The world’s largest healthcare program in India is running up against a challenge: many of its 500 million beneficiaries don’t have a clue about it, as they didn’t have to enroll for it. Prime Minister Narendra Modi’s solution is to tackle the problem at its roots. He is writing letters to 100 million families educating them about the benefits ...

Bloomberg IBM’s $33 billion purchase of Red Hat Inc — the world’s second-largest technology deal ever — is aimed at catapulting the company into the ranks of the top cloud software competitors. The cash deal, IBM’s biggest by far, boosts the 107-year-old computer-services giant’s credentials overnight in the fast-growing and lucrative cloud market — and gives it much-needed potential for ...