Bloomberg Hong Kong will add artificial islands to counter a runaway property market that’s made the city the world’s least affordable for housing. The government will aim to reclaim 1,700 acres (688 hectares) off Lantau Island, the city’s Chief Executive Carrie Lam said on Wednesday in a policy address. That compares with the 1,670 acres of extra land that a ...

Bloomberg Indonesia has a blunt message for the US Federal Reserve’s Jerome Powell and other global financial chiefs gathering in Bali this week: be mindful of the effects of your policies on emerging economies. Even though authorities in the Southeast Asian nation are taking the right steps to stabilise the currency and keep deficits on the current account and budget ...

Bloomberg Zimbabwe will introduce currency reforms once it’s addressed imbalances in government finances, Finance Minister Mthuli Ncube said. The state plans to put the economy on a stronger footing through measures including cutting expenditure and increasing the efficiency of government delivery systems, Ncube said in a statement emailed on Wednesday from the capital, Harare. “These reforms shall be accompanied by ...