Bloomberg Inflation is getting a fresh look in Asia. Nowhere is the global e-commerce wave having more of an impact right now than in Asia, where the region’s burgeoning middle class is embracing clicks over mortar and companies are scrambling to meet their demand via new ventures or acquisitions. In the process, old methods of measuring prices based on the ...

Bloomberg Daimler AG said future collaboration with its new largest shareholder Li Shufu will hinge on keeping the manufacturer’s existing Chinese partner on board. Li, whose holdings include Sweden’s Volvo cars and China’s Geely brands, emerged with a 9.7 percent holding in the world’s biggest luxury carmaker. The Chinese billionaire held initial talks with Daimler Chief Executive Dieter Zetsche, discussing ...

Bloomberg Australian Minister for Trade and Investment Steven Ciobo denied that Australia struck a security agreement with the US to get exempted from tariffs on steel and aluminum announced by President Donald Trump. “Ultimately, we have a very healthy trade and investment relationship with the United States, especially the type that President Trump likes, and off the back of that ...