Bloomberg Beijing InnoCare Pharma Tech Co, which is developing treatments for cancer and autoimmune diseases, is planning a Hong Kong initial public offering, people with knowledge of the matter said. The company has been interviewing potential advisers and aims to list as soon as this year, said the people, asking not to be identified because the information is private. InnoCare ...

Bloomberg Toyota Motor Corp and Honda Motor Co forecast profit and sales short of analysts’ estimates as a trade spat between the US and China threatens global car sales already sputtering from weaker demand. Both reported results that underscore the challenges faced by automakers across the globe, from having to invest in electrification and self-driving cars, to struggles with tariffs ...

Bloomberg One of the world’s top steelmakers is tracking this week’s high-stakes trade talks in Washington, forecasting that a failure by the US and China to make progress to end their prolonged stand-off risks undercutting steel demand as mainland manufacturing would likely take a hit. “If it doesn’t get sorted out by the day after tomorrow, then we can see ...