Bloomberg Bond buyers are spearheading the development of the green bond market, according to Toyota Motor Corp, which has been selling the debt through one of its units for years. “It’s really starting to be driven by investors,” said Adam Stam, director of capital markets at Toyota Motor Credit Corp, the finance arm of the Japanese car company. At a ...

Bloomberg Indian energy tycoon Mukesh Ambani is no longer Asia’s richest man, relinquishing the title to Jack Ma after oil prices collapsed along with global stocks. The rout, exacerbated by mounting fears that the spread of the novel coronavirus will thrust the world into a recession, erased $5.8 billion from Ambani’s net worth and pushed him to No. 2 on ...

Bloomberg The Philippines, with a population of more than 100 million, had only 2,000 novel coronavirus test kits available earlier this week as the number of infections jumped. Its government once had 4,500 kits in stock, but the number dwindled to 2,000 as the number of people who wanted to be diagnosed surged, Health Assistant Secretary Maria Rosario Vergeire said. ...