Bloomberg Chinese investigators raided the offices of Luckin Coffee Inc. as part of a multi-agency investigation into its finances, according to a person familiar with the matter, as pressure grows on the formerly high-flying coffee chain at the centre of an accounting scandal. The raid was carried out jointly by officials from different government agencies as part of an investigation ...

Bloomberg SoftBank Corp’s fifth-generation wireless service in Japan is living up to the hype in at least one respect — internet speeds that are blazingly fast even by the standards of one of the most connected countries in the world. The carrier’s month-old 5G network topped out at 1.1 gigabits per second for downloads and about 30 megabits for uploads ...

Bloomberg India must focus on its economy even as it races to save lives by containing the spread of coronavirus infections, Prime Minister Narendra Modi said at a meeting with state leaders to discuss the country’s ongoing lockdown. Modi warned that the impact of the epidemic will remain visible for several months and asked the states to enforce lockdown guidelines ...