Bloomberg Just 16 months after demonetisation forever changed the way Indians pay for things, WhatsApp is set to disrupt the market yet again. With more than 200 million Indians already using its messaging, WhatsApp is piloting a payment service that lets them transfer money to each other. The well-timed move has riled rivals, who say the Facebook Inc unit hasn’t ...

Bloomberg China Investment Corp. has sold its stake in Blackstone Group LP, ending an investment stretching back to before the US firm’s 2007 IPO. The sale, disclosed in Blackstone’s annual report released earlier this month, marks the end of CIC’s more than decade-long ownership of the firm’s shares, a partnership that was noted as an early example of China’s growing ...

Bloomberg Vietnam’s economy will grow faster this year than in 2017 and will see only a “minor” impact from President Trump’s trade tariffs, according to a senior government official. The Southeast Asian nation’s government hopes to discuss “some sort of trade agreement” with the US—its biggest export market—to ease any barriers, said Truong Van Phuoc, head of the National Financial ...