Bloomberg Japanese prosecutors on Monday formally charged two Americans with aiding in the escape of former Nissan Motor Co. Chairman Carlos Ghosn, who fled trial in Japan over a year ago. Michael Taylor, 60, and Peter Taylor, 28, helped Ghosn illegally leave Japan in December 2019, where he was facing charges of financial misconduct, prosecutors said in a statement on ...

Bloomberg Ant Group Co. created an investment advisory platform on its Alipay app, allowing companies that offer robo adviser services to reach its 1 billion users. Five Chinese asset management companies debuted on the platform known as Tougu Guanjia, which means investment advisory manager. Users will be able to choose robo advisory services from the platform that functions like a ...

Bloomberg The days of the massive first-day pop in Hong Kong’s initial public offering (IPO)M frenzy may be nearing an end. Even as the pandemic spread for most of 2020, the offshore Chinese city’s IPOs and new listings were in hot demand from both institutional and mom-and-pop investors. With the bulk of new share sales posting large gains on their ...