Bloomberg Lee Jae-yong is once again a free man following a surprise ruling on Monday from a Seoul court that suspended a prison sentence for bribery. Yet, for many in South Korea the Samsung heir’s victory is a setback to President Moon Jae-in’s pledge to curtail the power of the chaebol, the family-run businesses that have dominated the economy for ...

Bloomberg Chinese developers are driving convertible bond sales in Hong Kong as analysts warn of a stock price correction. Seven Chinese companies have sold HK$41.8 billion ($5.3 billion) of the hybrid securities this year, surpassing previous full-year totals, according to data compiled by Bloomberg. Led by China Evergrande Group’s record sale this week, five developers have priced convertibles, which typically ...

Bloomberg Indonesia’s economy grew slightly better than expected last quarter, supported by a pick-up in exports while consumer spending continued to disappoint. Stocks and the currency pared losses. Gross domestic product rose 5.2 percent in the fourth quarter from a year earlier. The median estimate of 17 economists surveyed by Bloomberg was 5.1 percent GDP fell 1.7 percent from the ...