Bloomberg Offshore hedge fund managers and priced-out young Australians have long argued the pace of house price growth in the nation’s biggest cities is unsustainable. They may finally be right. After two years of double-digit growth, the Sydney house price index gained just 3.2 percent in the year to September, the weakest increase since 2012, according to the latest ...

  Bloomberg Japan Display Inc., a struggling Japanese maker of smartphone screens, agreed to a 75 billion yen ($637 million) injection of cash from a government-backed fund. The supplier to Apple Inc. will issue 45 billion yen of convertible debt to Innovation Network Corp. of Japan, already its largest shareholder, Japan Display said in a statement in Tokyo on Wednesday. ...

  Mumbai / AFP Indian internet and telecoms company Reliance Communications said on Wednesday it had agreed to sell its mobile phone tower business to Canadian asset management giant Brookfield for $1.6 billion. Reliance Communications said the deal represented the largest investment by a foreign investor in Indian infrastructure and comes as Brookfield seeks to capitalise on liquidity constraints at ...