The latest biotech investment craze runs on excitement over Crispr, a technique for making gene editing easier and more precise, which biologists have already used to remove disease-causing genes from human embryos and slow the growth of cancer cells. Although a study published last month raised the possibility that the technology might also cause cancer in human cells, experts think ...

Bloomberg Thailand’s finance minister said the nation can refrain from raising its policy interest rate as the currency has weakened at a slower pace than peers and capital outflows are unlikely to pose a major risk. The baht’s recent drop will help boost incomes for the 30 million Thais in the farm sector, Apisak Tantivorawong said in an interview. The ...

Bloomberg South African lender VBS Mutual Bank, which collapsed in March, paid senior officials at the Public Investment Corp. (PIC) to fast-track funding for the lender, the Johannesburg-based Sunday Times said, citing an affidavit by the bank’s former head of treasury Phophi Mukhodobwane. The bank’s former treasurer was instructed to deliver a suitcase filled with 5 million rand to a ...