Bloomberg Hong Kong tycoon Victor Li’s CK Asset Holdings Ltd sold a luxury apartment for a record-breaking $59 million, another sign that the city’s upscale housing market is recovering. The price for the five-bedroom apartment at the 21 Borrett Road project spanning 3,378 square feet translates into HK$136,000 per square foot, sale materials show. It broke the record made by ...

Bloomberg Traveloka, Southeast Asia’s biggest online travel startup, is planning to list in the US this year to raise funds using a special purpose acquistion company, known as SPAC, according to Chief Executive Offer Ferry Unardi. “SPAC is very efficient,” Unardi said in an interview with Bloomberg Television on Tuesday. “If we can do it faster we can then focus ...

Bloomberg The Philippines said it has enough orders of coronavirus vaccines in the pipeline to reach its goal of inoculating most of its population this year, even as it expects a supply crunch in the first half. The Southeast Asian nation is negotiating for as many as 170 million vaccine doses, presidential spokesman Harry Roque said. A fourth of the ...