Bloomberg Facebook Inc. has found a new way to enter China: secretly launching an app under a different name. The photo-sharing app, called Colorful Balloons, was released in May to help Facebook enter a market that it’s been blocked from since 2009, according to a person familiar with the matter. Facebook has said its goal of connecting the world wouldn’t ...

Bloomberg Singapore’s economy posted faster growth in the second quarter than previously estimated by the government as a recovery in global trade helped to buoy manufacturing. Highlights of GDP report Gross domestic product rose a seasonally-adjusted and annualised 2.2 percent in the second quarter from the previous three months, the Ministry of Trade and Industry said. As one of Asia’s ...

Bloomberg Tata Steel Ltd. and the trustee of the British Steel Pension Scheme have agreed to terms to separate the plan from the Indian steelmaker’s UK unit, eliminating the last hurdle for it to proceed with a strategy to place European operations into a joint venture. The Mumbai-based company has signed the regulated apportionment arrangement with the pension trustee and ...