Bloomberg Masayoshi Son will soon have some evidence to back his faith in ride-hailing: His stake in Uber Technologies Inc may be worth at least double the $7.7 billion he paid for it little more than a year ago. SoftBank Group Corp’s Vision Fund owns 16.3 percent of the world’s biggest ride-hailing company, according to Uber’s filing with the US ...

Bloomberg China has struck a deal with Malaysia to resume the East Coast Rail Link project at a smaller cost and scope. The project will now cost 44 billion ringgit ($10.7 billion) instead of the original 65.5 billion ringgit, according to a statement from the prime minister’s office. Premier Mahathir Mohamad revived talks on the rail link after cancelling it ...

Bloomberg Former Nissan Motor Co executive Jose Munoz who served the Japanese automaker as chief performance officer is in talks with Hyundai Motor Co to take an executive role, Automotive News reported. Hyundai Motor is poised to appoint Munoz, 53, as global chief operating officer in South Korea and president of Hyundai Motor America, according to the report, which cited ...