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India metal stocks lead Sensex slump on US import tariffs

Bloomberg India’s benchmark equity index reopened after a local holiday and clocked its steepest decline in over three weeks as investors weighed the potential impact of America’s plans to impose stiff tariffs on steel and aluminum imports. The benchmark S&P BSE Sensex fell for a fourth session, slipping 0.9 percent to 33,746.78 in Mumbai, in line with most Asian peers. ...

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Tech firms question Hong Kong’s plan to lure next Alibaba

Bloomberg Technology companies and service providers are questioning key parts of Hong Kong’s plan to allow dual-class shares, just as firms including Xiaomi Corp. and Tencent Music Entertainment Group are considering going public. Hong Kong Exchanges & Clearing Ltd. wants to change its rules so that company founders can stay in control after their firms list, but the proposals may ...

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Siemens plans Healthineers IPO valuing unit at $38 billion

Bloomberg Siemens AG will press ahead with an initial public offering of its health-care unit that could value it between 26 billion euros ($32 billion) and 31 billion euros as Chief Executive Officer Joe Kaeser unloads another key business at Europe’s largest engineering company. The IPO of a 15 percent stake in Siemens Healthineers is planned for March 16, the ...

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