Bloomberg A Singaporean man pleaded guilty to acting as an illegal agent for Chinese intelligence in the US, according to a statement posted on the US Department of Justice website. Jun Wei Yeo, also known as Dickson Yeo, admitted that he provided valuable information to Chinese intelligence and knowingly recruited others in the US to do the same, a FBI ...

Bloomberg Germany took a step forward in its recovery from the coronavirus slump, with a key measure of activity showing growth for the first time in five months. IHS Markit’s composite Purchasing Managers Index (PMI) jumped to 55.5 in July from 47 in June. The figure was better than economists had predicted, and puts the gauge above the key 50 ...

Bloomberg Residential land values in London’s priciest areas are dropping, with developers taking a more cautious approach to new projects during the pandemic. The average price of land for development in prime central London fell by 6% in second quarter, the first decline in more than a year, according to a report by broker Knight Frank. That means plots are ...