Bloomberg Fosun Group is planning to raise as much as $3.2 billion selling local bonds as the Chinese insurance-to-pharmaceutical conglomerate refinances debt and increases its investments inside the country, according to people familiar with the matter. Fosun unit Shanghai Fosun Hi Technology Group Co. intends to offer 6 billion yuan of medium-term notes after completing registration in 2017, the people ...

Bloomberg Singapore’s economy expanded 3.5 percent in 2017, more than double the initial government forecast as the country benefited from the global economic upswing, Prime Minister Lee Hsien Loong said in his New Year message. Lee said the city-state would press on with economic restructuring and infrastructure projects such its fifth airport terminal as well as review healthcare policies to ...

Bloomberg A Chinese court has seized all the assets owned by LeEco founder Jia Yueting it could unearth, as the country’s legal bodies step up action against an internet entrepreneur who once declared war on Apple and Tesla Inc. The Beijing First Intermediate People’s Court seized more than $200,000 in bank deposits, the court said in a statement posted on ...