Bloomberg Singapore’s core inflation gauge eased for the first time in eight months in October, giving policymakers reason to refrain from tightening monetary policy amid mounting risks to economic growth. Core inflation, which excludes private transport and accommodation and is closely watched by the central bank, rose 5.1% from a year ago, according to Singapore’s Ministry of Trade and ...

  Bloomberg Chinese authorities are planning to impose a fine of more than $1 billion on Jack Ma’s Ant Group Co., paving the way for the ending of a regulatory overhaul of the financial technology firm, Reuters reported, citing people familiar with the matter. The central bank is preparing the penalty, which could land in the second quarter of next ...

  Bloomberg India is looking for takers for $2.4 billion in government aid it’s offering to stimulate domestic manufacturing of solar power equipment. The state-run Solar Energy Corp. of India is seeking bids from solar manufacturers for 195 billion rupees of financial incentives, according to documents published on the agency’s website. The government is seeking to grow the country’s module-making ...