Bloomberg India’s latest set of incentives to entice businesses moving away from China seem to be working, with companies from Samsung Electronics Co to Apple Inc’s assembly partners showing interest in investing in the South Asian nation. Prime Minister Narendra Modi’s government in March announced incentives that make niche firms — electronics manufacturers — eligible for a payment of 4%-6% ...

Bloomberg Japan’s economy suffered a record contraction last quarter as a state of emergency and lockdowns in the country’s major export markets hammered consumer spending, production and exports. A recent uptick in infections threatens to slow the recovery. Gross domestic product contracted an annualised 27.8% in the three months through June from the previous quarter, the Cabinet Office reported on ...

Bloomberg Thailand’s economy contracted the most in more than two decades, deepening its recession as the nation’s key drivers of trade and tourism remain hobbled by the global coronavirus pandemic. Gross domestic product (GDP) shrank 12.2% from a year ago, the National Economic and Social Development Council said on Monday, its biggest decline since the Asian financial crisis in 1998. ...