Bloomberg Brookfield Asset Management Inc has picked banks for an initial public offering of its India real estate investment trust that could raise at least $500 million, according to people familiar with the matter. The Canadian asset manager has selected Bank of America, Citigroup and Morgan Stanley to arrange the REIT offering, said the people, who asked not to be ...

Bloomberg Overstretched health services and social-distancing measures to combat coronavirus are giving a boost to telemedicine across Asia, a phenomenon likely to continue even after the pandemic has been controlled. Economies as diverse as South Korea’s — with its world-class technology sector — and India’s, with low health-care costs and a deep pool of doctors, are exploring digital health possibilities ...

Bloomberg Indonesian companies are warning investors to brace for yet another quarter of missed earnings as they continue to reel from the economic impact of the biggest outbreak of the coronavirus in Southeast Asia. The pandemic has hurt sales, from cars and luxury condos, in Southeast Asia’s largest economy after social distancing measures were introduced in March to contain the ...