Bloomberg Kansai Electric Power Co selected Vice President Takashi Morimoto as the new president, replacing Shigeki Iwane, after getting a report from a committee investigating the utility’s payoff scandal. A total of 75 officials from Kansai Electric took cash and presents worth about 360 million yen ($3.4 million) from Eiji Moriyama, a former deputy mayor of the town of Takahama, ...

Bloomberg Thailand said it will classify all travellers into three groups under intensified surveillance for the new coronavirus as officials try to prevent a wider outbreak in the tourism-reliant nation. People coming from China, Hong Kong, Macau, South Korea, Iran and Italy will be subject to mandatory 14-day self-quarantine, the Tourism Authority of Thailand said in a statement. They must ...

Bloomberg Lodha Developers International Ltd said it has repaid its $324 million bonds maturing on March 13, a refinancing investors saw as a key test for Indian borrowers amid nation’s credit crunch. The firm, which is building the Trump Tower in Mumbai, last week sold a $200 million bond to part-refinance the existing note, launched a last-minute tap this week ...