Bloomberg Sea Ltd., operator of Southeast Asia’s biggest gaming platform, reported mounting losses amid investments for growth and said Group President Nick Nash will leave his position at the end of the year. The Singapore-based company reported its net loss for the quarter ended in December more than tripled to $263.1 million, compared with analyst estimates that it would lose ...

Bloomberg BAIC Motor Corp. will probably make a profit on sales of its own brands such as Senova cars next year after significantly reducing losses this year, Chairman Xu Heyi said in an interview Saturday on the sidelines of the Chinese People’s Political Consultative Conference in Beijing. Such a reversal of fortunes for the Beijing-based automaker’s money-losing Senova marque would ...

Bloomberg Hong Kong has partially lifted the veil on its opaque government land tendering process. But it still lags far behind Singapore and China in transparency. The government announced it would provide more information on the bidding process for land sales by providing data on all bids. Yet, it will provide data only after the winning bid transaction is completed, ...