Bloomberg The hotel development unit of Thailand’s richest man said room bookings have started to recover from the disruption caused by the novel coronavirus outbreak. The spread of the disease impacted some 60% of the hotel and retail properties in Asset World Corp’s portfolio by deterring tourism and sparking event cancellations, according to its Chief Executive Officer (CEO) Wallapa Traisorat. ...

Bloomberg Tesla Inc’s financing arrangements in China may be the subject of the Securities and Exchange Commission (SEC) inquiry that the electric-car maker disclosed last week, according to analysts at Evercore ISI. The financing Tesla lined up from local banks last year may have allowed the carmaker to delay recognition of capital expenditures, Chris McNally, who rates Tesla shares the ...

Bloomberg Pay increases across India’s organised sector will probably grow at the slowest pace since 2009 this year, according to a survey from Aon Plc. Companies will increase average pay by 9.1% in 2020, down from 9.3% in 2019 and 9.5% the previous year, Aon said in a report. The small increase reflects a deep slowdown in Asia’s third-largest economy, ...