Bloomberg Hedge funds run by Christopher Hohn and Dinakar Singh accused one of India’s largest real estate developers of defrauding its foreign investors of at least $1.5 billion. “If we do nothing, we will largely bleed dry and get nothing back,” Singh, who heads Axon Capital, said at a gathering in New York of investors in a fund started by ...

Bloomberg Radisson Hospitality Inc. is plunging ahead with a plan to triple capacity in China over five years, despite its expectation that a looming trade war with the US will damp travel demand in the country. The chain controlled by China’s HNA Group Co., the aviation-to-hotels conglomerate, has 15 hotels in the country for a total 4,147 rooms, with 16 ...

Bloomberg China spent more than $48 billion across East Asia and the Pacific between 2000 and 2016 to reward countries that consume its products and support its foreign policy positions, a new report has found. Infrastructure investment dwarfed other arms of Chinese public diplomacy over the period, according to a study by US research lab AidData released on Wednesday, totalling ...