Bloomberg IHH Healthcare Bhd. has asked Fortis Healthcare Ltd. for three weeks to complete due diligence ahead of making a potential binding offer, people with knowledge of the matter said, as the takeover battle for India’s second-largest hospital chain escalates. IHH, Asia’s most valuable hospital operator, sent a letter to Fortis’s board on April 16 with the due diligence request ...

Bloomberg China’s decision to stop putting foreign carmakers in bed with local partners is unlikely to prompt a major unwind anytime time soon. But it dangles the lucrative draw of future wholly-owned future factories. Such a move would benefit new competitors like Tesla Inc. and late China-arrivals like Fiat Chrysler Automobiles with no or limited joint-venture production in China. Luxury ...

Bloomberg China’s home prices rose at the fastest pace in three months in March, fuelled by gains in smaller cities, even as the government maintained a two-year campaign to cool the housing market. New-home prices across 70 cities gained 0.42 percent from a month earlier, according to Bloomberg calculations based on data from the National Bureau of Statistics. That compared ...