Bloomberg Toshiba Corp. is all but guaranteed to miss a May 1 deadline to sell its memory chips business to a Bain Capital-led group, people familiar with the matter said, raising the chances it may consider other options that could yield billions of additional dollars for the unit. Chinese regulators are now conducting a third review of the deal, which ...

Bloomberg China’s tropical island of Hainan is basking in the glow of a raft of favorable economic policies, some unveiled by none other than President Xi Jinping. But, now, it’s also notable for something else: China’s first province-wide home-buying restrictions, after previous curbs were expanded in an announcement. To get a sense of the scale, that’s an area a bit ...

Bloomberg President Xi Jinping’s big push to curb pollution and excess capacity in steel and other industries is also consolidating his government’s control over them. Just last year, the state’s share of steel capacity increased to 67 percent from 60 percent while aluminum smelting saw about an equal increase, J Capital Research Ltd. estimates. In coal, which began consolidating years ...