Bloomberg China’s bond investors are being given the chance to ratchet up leverage once again, but they may not want to. Months of scarcity have given way to a mysterious rush of liquidity in China’s financial system, with money-market rates back near levels seen in April. The market has responded accordingly, with bonds rallying in the last two weeks of …

Bloomberg Chinese bike-rental startup Ofo Inc. raised more than $700 million in its latest funding round to expand its business globally amid rising domestic competition with Beijing Mobike Technology Co. and more than a dozen rivals. The series E round is led by billionaire Jack Ma’s Alibaba Group Holding Ltd., Hony Capital and Citic Private Equity, according to an emailed …

Bloomberg Japan’s economy is running the hottest relative to capacity since the global financial crisis. More than four years after the Bank of Japan launched its radical monetary easing, key conditions are aligning in its long battle to truly escape from deflation. The latest reading of the nation’s output gap is another milestone on the journey to that escape, economists …