Hong Kong has fewer coronavirus cases than the US, Singapore or Italy. That might seem surprising for a city that sits on the doorstep of mainland China and has intertwining business, tourism and personal connections with the source of the epidemic. The reason can be summed up in one word: Sars. The outbreak of severe acute respiratory syndrome (Sars) in ...

Britain’s largest grocer is heading for the checkout in Southeast Asia with an impressively full trolley. Tesco Plc said it had sold its Thai and Malaysian business to entities linked to Dhanin Chearavanont’s Charoen Pokphand (CP) Group for more than $10 billion, a heftier than expected price. It’s a bold bet on billionaire clout. Picking a buyer that already touches ...

Bloomberg Wednesday brought another day of reversals in many major markets, with US stock futures dropping, the dollar weakening and Treasury yields falling after surging a day earlier. Contracts on the S&P 500 Index fell about 2% after the US administration failed to offer details on what President Donald Trump said would be “major” measures to combat the economic impact ...