Bloomberg Shares of Chinese coal-fired power generators surged on Tuesday as the country was said to be considering plans to create three energy giants through mergers of eight companies with combined assets of almost 5.9 trillion yuan ($855 billion). The proposal, which is only one option being considered as the government of President Xi Jinping seeks to restructure the ...

  Bloomberg Property developers have beaten every industry group on India’s benchmark equity index this year, but BNP Paribas Asset Management India Pvt. isn’t impressed. A gauge of realty stocks has soared 62 percent since January 1, almost five times the climb in the S&P BSE Sensex, as the government took steps to bolster the industry that was one of ...

  Bloomberg Australia’s government finally took up the central bank’s call for economic stimulus in its annual budget, with a A$75 billion ($55 billion) infrastructure plan as its centerpiece. Road, rail and runway construction will support growth from Western Sydney to Western Australia, Treasurer Scott Morrison announced in Canberra on Tuesday. His plan promises to create thousands of jobs in ...