Bloomberg Indiabulls Housing Finance Ltd suffered the worst decline since its 2013 initial share sale after India’s central bank placed curbs on a lender it plans to acquire, extending Friday’s slide sparked by a court probe into allegations of fraud. The stock crashed as much as 38 percent before closing 34 percent lower at 255.9 rupees, the lowest in five ...

Bloomberg China’s manufacturing sector improved in September on an uptick in new orders and infrastructure spending, but with the data showing factories still contracting and other indicators pointing to economic weakness, it’s not unalloyed good news for policy makers. The manufacturing purchasing managers’ index rose to 49.8, according to data released by the National Bureau of Statistics on Monday. That’s ...

Bloomberg Poor demand from Indian consumers could dampen the mood during festivals in October, especially for automobile makers and retailers that count on the season for a sales boost, analysts predict. Indians typically buy everything from new cars to shoes for themselves and as gifts during celebrations steeped in religion and tradition. Yet the slowest economic growth in six years, ...