Bloomberg Chinese President Xi Jinping vowed “unwavering” support for the country’s private sector, the latest response from Beijing to concern over the outlook for the economy. “Any words and practices that negate and weaken the private economy are wrong,” Xi said in a letter to private entrepreneurs, Xinhua News Agency reported on Sunday. “Supporting the development of private enterprises is ...

Bloomberg Singapore and the European Union (EU) signed free-trade and investment protection agreements in Brussels in a bid to improve bilateral business ties amid rising global trade conflicts. Singapore and the EU will remove tariffs, reduce technical barriers, and provide better opportunities in services and government procurement under the deals, the Singapore government said in a statement. The city-state will ...

Bloomberg SoftBank Group Corp. has lined up commitments for a loan of about $9 billion for its massive Vision Fund, provided by banks including arrangers of its Japanese wireless business’s initial public offering, people with knowledge of the matter said. The IPO’s top underwriters, which include Nomura Holdings Inc. and Goldman Sachs Group Inc., are finalising terms of the loan ...