Bloomberg Prime Minister Shinzo Abe’s plan to declare a state of emergency in parts of Japan to contain the coronavirus was surprisingly well-received in the stock market, with many participants feeling confident that local equities have bottomed. Abe unveiled a stimulus package totaling $990 billion on Monday, and later on Tuesday declared a state of emergency for Tokyo, Osaka and ...

Bloomberg HSBC Holdings Plc’s dividend suspension threatens to cost the lender some of its core investor appeal in Hong Kong. Payouts have been an important reason to own HSBC shares in the city. Its stock price has lagged the Hang Seng Index by more than 600 percentage points since 1986, the earliest available Bloomberg-compiled data from when a unified Hong ...

Bloomberg India must keep public finances relatively healthy to stave off a possible second wave of risks in the financial sector once the coronavirus crisis abates, said a former central bank governor. While calls for a stimulus are rising, India cannot risk a significant widening of its perpetually high budget deficit, Urjit Patel wrote in the Financial Express newspaper. He ...