Sydney / Bloomberg Australian opposition Labor party pledged a A$3 billion ($2.2 billion) childcare package during an election campaign and said it plans to allow parents to claim more rebates regardless of their income if it won the polls. The policy would start January if the party is victorious in next month’s election and entails a 15 percent increase ...

  Shanghai / Bloomberg Tencent Holdings Ltd., Asia’s biggest Internet company, is increasing the size of a syndicated loan to $4.4 billion, people familiar with the matter said. The operator of the WeChat and QQ instant message systems now has commitments from 25 lenders to the facility, according to the people, who asked not to be identified because the details ...

Kuala Lumpur / AFP An unspecified number of passengers and crew were injured when a Malaysia Airlines flight from London to Kuala Lumpur was hit by severe turbulence, the carrier said, as photos emerged showing a cabin strewn with debris and upended meal carts. The trouble-prone national flag carrier, which is still trying to shake the stigma of the double ...