Bloomberg Blackstone Group Inc’s talks about a potential investment in Chinese property developer Soho China Ltd have stalled, people with knowledge of the matter said. The private equity firm’s discussions are no longer progressing after the coronavirus outbreak made it difficult to assess the developer’s business outlook, said the people, who asked not to be identified as the information is ...

Bloomberg Factory output across several Asian countries slumped to record lows in April, signaling a deeper contraction in the world’s manufacturing hub even as China begins restarting some operations. Purchasing managers indexes across Southeast Asia slumped further below 50, the dividing line between contraction and expansion, to post their weakest readings since the series began, according to data released by ...

Bloomberg Sugar mills in Indonesia called on consumers to reduce consumption after shortages pushed retail prices to the highest in almost four years. Their plea comes as the world’s top sugar buyer faces challenges importing the sweetener due to tight global supplies and countries’ restrictions to prevent spread of virus, said Yadi Yusriyadi, senior adviser at Indonesian Sugar Association.