Bloomberg Chinese offshore dollar bond issuance will reach as much as 80 percent of the Asia ex-Japan market in three to five years as buying support from the region grows and the country continues its reform drive, according to Goldman Sachs Asset Management LP. Issuers from China accounted for about 60 percent of dollar-denominated bonds priced in Asia excluding Japan ...

Bloomberg Citigroup Inc. applied for a backup license in France, hedging its bet on making Germany the headquarters for its new European Union broker-dealer after Brexit. Jim Cowles, the bank’s chief executive officer for Europe, the Middle East and Africa, told French newspaper Les Echos that the license is part of a plan to move positions across the continent. The ...

Bloomberg Southwest Airlines Co. is set to pull off an aviation high-wire act as it sends 30 of its oldest planes to a desert graveyard just 24 hours before launching the newest version of its staple 737 jetliner. The changeover will usher in the latest fresh start for Boeing Co.’s bread-and-butter passenger plane, extending Southwest’s almost 50-year dedication to the ...