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China factory orders drop in dire sign for global outlook

  Bloomberg Investors wanting to gauge the health of global consumer sentiment should look no further than China’s factories right now. Makers of Christmas decorations to clothing and tents say orders from overseas customers are drying up, with some predicting the best they can aim for is flat demand versus last year, according to more than a dozen export managers ...

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Lufax plans Hong Kong listing to hedge US risk

  Bloomberg Fintech firm Lufax Holding Ltd is planning to go public in Hong Kong, the latest in a wave of New York-traded Chinese companies seeking alternative listings to hedge against the risk of being banned from US markets. The Ping An Insurance Group Co-backed company aims to file for a listing in Hong Kong as soon as the second ...

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India’s rice crop suffers setback over poor rains

  Bloomberg Rice output in India may suffer this year as poor rains in key growing areas shrink plantings, raising concerns that the top exporter could curb shipments after restricting wheat and sugar sales to safeguard food security. Total rice acreage in the South Asian nation, the world’s second-biggest grower, has fallen 12% so far this season, according to the ...

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