Bloomberg China Petroleum & Chemical Corp. is selling a 50 percent stake in a pipeline unit to investors including China Life Insurance Co. for 22.8 billion yuan ($3.3 billion) as it seeks funds to expand its natural gas business. China Life will pay 20 billion yuan for a 43.86 percent stake in the pipeline, while a division of State ...

  Bloomberg China’s industrial output and retail sales growth both accelerated in November, government data showed on Tuesday, in a sign of stabilisation for the world’s second-largest economy. Industrial output rose 6.2 percent in the month, ahead of both October’s figures and economists’ predictions of 6.1 percent in a Bloomberg News survey. Retail sales rose 10.8 percent on-year in nominal ...

  Bloomberg India’s inflation grew at its slowest pace in two years as Prime Minister Narendra Modi’s move to scrap high-value currency notes dented demand. Consumer prices rose 3.63 percent in November from a year earlier, the Statistics Ministry said in a statement in New Delhi on Tuesday. That compares with the 3.9 percent median estimate in a Bloomberg survey ...