Bloomberg India’s cash-strapped tycoons may need to ready more yard sales of their crown jewels as stock volatility and ongoing credit market uncertainty pressure their ability to pay loans. At issue is the loans that Indian business leaders often take against the backing of their main assets — stakes in their listed firms. The value of such pledged shares has ...

Bloomberg Singapore is bracing for a harder hit to tourism than initially expected from the coronavirus as the outbreak spreads to more than 100 countries, impacting global travel plans, Minister for Communications and Information S Iswaran said. “Now it’s really the fact that there’s a global spread of this virus and therefore we will have to reevaluate certainly the numbers,” ...

Bloomberg Indonesia is reintroducing a raft of market measures deployed during the global financial crisis as authorities warn the impact of the novel coronavirus outbreak on the markets and the economy will be more damaging. The nation’s only stock exchange tightened trading-halt rules on March 10, with the first suspension kicking in with a 5% slump instead of 10% earlier. ...