Bloomberg Hutchison China MediTech Ltd., the biotechnology company backed by billionaire Li Ka-shing, reported positive late-stage results for its drug to treat colorectal cancer, taking the company one step closer to having a home-grown therapy on the market. The Hong Kong-based company, known as Chi-Med, said in a statement that it is currently preparing to submit a new drug ...

  Bloomberg China has the economic power to move markets, and it isn’t afraid to use it. South Korean stock trading offered a case in point, with a selloff in hotels, cosmetic makers and other tourism-related companies that made the country’s benchmark the worst performer among Asian equity markets. The slide followed a Yonhap news agency report on China ordering ...

  Bloomberg Mobile World Congress, the premier wireless-technology conference in Barcelona, was supposed to be a coming out party for Google’s digital assistant. But at this year’s proceedings, artificially intelligent voice-based service struggled to be heard above the din of an army of rival assistants that will jostle for attention on smartphones. As the event kicked off, the search giant ...