Bloomberg The world’s two biggest shipbuilders reported profit and issued an improved outlook, indicating South Korea’s shipyards may finally be emerging from two years of restructuring. Daewoo Shipbuilding & Marine Engineering Co., which averted a payment crisis this month after bondholders agreed to a debt revamp, said it is set to deliver more than 30 liquefied natural gas carriers ...

  Bloomberg China’s official factory and services gauges pulled back from multi-year highs, dimming the outlook for the sustainability of the past two quarters’ acceleration in economic growth. Manufacturing purchasing managers index fell to 51.2 in April from an almost five-year high of 51.8 in March, missing the median estimate of 51.7 in a Bloomberg survey and falling short of ...

  Bloomberg Want Want China Holdings Ltd., one of China’s largest processed-foods companies, is expanding into the lucrative niche market for soy and other plant-based milk products as Chinese families spend more for healthy options. The Hong Kong-listed company plans to introduce its line of soy and oat milk this year as it forecasts the market for plant-based milk will ...