Bloomberg Indian real-estate websites PropTiger.com and Housing.com are merging to create the country’s top portal for residential listings and property services, as Rupert Murdoch’s News Corp. boosts its investment in the growing sector while Masayoshi Son’s SoftBank Group Corp. scales back. REA Group Ltd., an Australian real-estate company controlled by News Corp., is putting $50 million into the new ...

  Bloomberg China’s producer price index rose at the fastest pace in more than five years in December as the factory to the world swings from being a drag on global inflation to another potential force pushing prices higher. PPI jumped 5.5 percent last month from a year earlier, compared to the median estimate of 4.6 percent in a Bloomberg ...

  BEIJING/ AP China’s top economic planner pledged on Tuesday to continue cutting steel and coal production that have been a source of trade friction with many countries. China reached targets for cuts in production capacity last year, Xu Shaoshi, chairman of the National Development and Reform Commission, said, adding that hundreds of thousands of steel and coal workers have ...