Bloomberg Over in Asia’s booming dollar-bond market, there are two notable absentees: Thailand and the Philippines. The two countries are missing out on the rush to dollar-denominated debt, instead relying on their domestic fixed-income markets and lending from banks— something that’s unlikely to change anytime soon. Issuance from Thailand and the Philippines combined stands at a paltry $3.7 billion, compared …

Bloomberg Zai Lab Ltd., a Chinese drug developer working on cancer treatments, has picked banks to arrange a planned US initial public offering that could raise about $150 million, people with knowledge of the matter said. The Shanghai-based biopharmaceutical company, started by former Pfizer Inc. senior scientist Samantha Du, is working with Citigroup Inc. and JPMorgan Chase & Co., according …

Bloomberg The UK is seeking to regain momentum in so-far sluggish Brexit negotiations by publishing this week the first outline of its positions as two key ministers issued a joint declaration on a the post-European Union transition period, ending their disagreement over the issue. The government plans to issue the first of three discussion papers ahead of the next round …