Bloomberg India may export more sugar than previously forecast as higher yields boost supply in the world’s top consumer. Shipments may total 1.5 million metric tons in the next six to eight months, said Abinash Verma, director general of the Indian Sugar Mills Association. In January, he said millers were asking the government to abolish a 20 percent export duty ...

Bloomberg China’s insurance regulator found three domestic insurers violated foreign investment rules, giving the companies a month to “correct” the breaches. China Re Asset Management Co., China Life Insurance Co. and Ping An Insurance (Group) Co. violated regulations on investable countries and regions, the China Insurance Regulatory Commission said in three separate notices posted on its website. The statements didn’t ...

Bloomberg Luye Medical Group, the health-care services provider backed by acquisitive Chinese entrepreneur Liu Dianbo, picked banks to manage a Singapore initial public offering that could raise about $500 million, people with knowledge of the matter said. Bank of America Corp., Credit Suisse Group AG and UBS Group AG were chosen after submitting proposals earlier this month, according to the ...