Bloomberg Singapore’s Treasury bills saw strong demand at Thursday’s auction, with bids more than twice what was offered amid fierce bidding from retail investors and money-market funds. The city state sold S$4.8 billion ($3.5 billion) of six-month T-bills after drawing cumulative bids worth S$11.9 billion. The securities were sold at an average yield of 3.9% on Thursday, edging down from ...

Bloomberg Truck drivers are on strike in South Korea for the second time in less than a year, targeting major ports in a bid to disrupt key exports from autos to petrochemicals. The strike began Thursday morning, with demonstrations at 16 sites across the country. The union, which represents 25,000 workers, didn’t disclose details of the work actions in a ...

  Bloomberg Paytm, India’s leading digital payments brand, posted a wider second-quarter loss after it spent more to grow its business. The net loss in the July-September period swelled to 5.71 billion rupees ($69.7 million) from 4.73 billion rupees a year earlier, the company said on Monday. Revenue rose 76% to 19.14 billion rupees, while total costs increased 60% to ...