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Asian chocolate lovers take a big bite of global cocoa glut

Bloomberg Chocolate lovers in Asia are taking a big bite out of the global cocoa glut. From India to China, where demand is growing faster than in major markets like Europe or the US, consumers are eating more chocolate. At the same time, big growers in West Africa are harvesting smaller crops. Top processors Cargill Inc. and Barry Callebaut AG ...

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Japanese workers’ pay jumps as bonuses pick up

Bloomberg Pay for Japanese workers showed the strongest gains this year in August, according to data from the labour ministry. It’s welcome news for economic policy makers in Tokyo who are struggling to spur sustained inflation in the world’s third-largest economy. Monthly cash earnings increased 0.9 percent from a year earlier, the largest amount in more than a year, and ...

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Australia asks what if India is the next China!

Bloomberg India has the potential to boost consumption of everything from copper to iron ore as its economy expands over the next two decades and more people flock to its cities, according to projections from the Australian government that try to fathom whether the country will emulate China. “Like China since the start of this century, India is in the ...

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