Bloomberg Chinese developers are driving convertible bond sales in Hong Kong as analysts warn of a stock price correction. Seven Chinese companies have sold HK$41.8 billion ($5.3 billion) of the hybrid securities this year, surpassing previous full-year totals, according to data compiled by Bloomberg. Led by China Evergrande Group’s record sale this week, five developers have priced convertibles, which typically ...

Bloomberg Indonesia’s economy grew slightly better than expected last quarter, supported by a pick-up in exports while consumer spending continued to disappoint. Stocks and the currency pared losses. Gross domestic product rose 5.2 percent in the fourth quarter from a year earlier. The median estimate of 17 economists surveyed by Bloomberg was 5.1 percent GDP fell 1.7 percent from the ...

Bloomberg Over decades, Toyota Motor Corp. built a corporate culture that was the envy of the manufacturing world. Now the auto industry’s most-emulated company is overhauling the way it brings its vaunted production system to every corner of the business. The automaker in January created a single group, staffed with 200 employees, to manage the Toyota Production System, centralising a ...