Bloomberg Apple Inc. has removed some virtual private network applications from its stores in China, a move that could block users ability to bypass a local web firewall and access overseas sites. “We have been required to remove some VPN apps in China that do not meet the new regulations,” Carolyn Wu, Apple’s China spokeswoman told Bloomberg in an emailed …

Bloomberg Japan’s key price gauge was unchanged in June, helped by rising power costs. The tight labour market may also start to help inflation, which remains far from the central bank’s 2 percent target. Highlights of Data Core consumer prices, which exclude fresh food, increased 0.4 percent in June from a year earlier (estimate +0.4 percent). Excluding fresh food and …

Bloomberg At least one winner has emerged from India’s crackdown on so-called black money: the country’s richest banker. Uday Kotak, billionaire chairman of Kotak Mahindra Bank Ltd., is reaping broad benefits as the government’s efforts to withdraw the biggest bills from circulation pushes savings into the formal financial sector — including his group’s banking, insurance, brokerage services and asset management …