Bloomberg Indonesian business tycoon Tahir is keen to gain control of PT Bank Permata, a larger rival to his PT Bank Mayapada International, as he seeks to put his lender in the ranks of the nation’s biggest banks. Tahir’s Mayapada Group wants to buy the 90 percent of Permata that is owned by Standard Chartered Plc and PT Astra ...

  Bloomberg In 2014, billionaire Jack Ma, founder of online retail giant Alibaba Group Holding Ltd., declared his ambition to make China’s hospitals better, drugs cheaper and people healthier. Others in China’s tech universe were becoming equally bullish on health care, and that year alone, investment in the internet health sector surged about sevenfold to $1.4 billion. Since then, billionaire ...

  BEIJING / AP China’s auto sales shrank in January following a sales tax increase, an industry group reported on Monday. Sales in the world’s biggest auto market declined 1.1 percent from a year earlier to 2.2 million, compared to December’s 9.1 percent expansion, according to the China Association of Automobile Manufacturers. Total vehicle sales, including trucks and buses, rose ...