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China is making progress in battle to get back to work

Bloomberg China is slowly starting to get back to work, as it battles the coronavirus outbreak that has killed more than 2,900 people and sickened tens of thousands. Government controls and the fear of going outside have curtailed spending, and many factories are still not working at full capacity due to a lack of staff, with workers still in their ...

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MUFG’s securities arm cuts equities staff in Tokyo

Bloomberg Mitsubishi UFJ Financial Group Inc’s securities joint venture with Morgan Stanley is cutting equities staff in Tokyo, including several managers, people with knowledge of the matter said. Managers Yasutaka Takedomi and Toru Kaneda are among five to 10 employees in the sales trading team who are leaving Mitsubishi UFJ Morgan Stanley Securities Co, the people said, asking not to ...

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Singapore to halve emissions by 2050

Bloomberg Singapore enhanced its pledge to reduce the amount of greenhouse gases it emits, saying it now aims to halve emissions from an expected peak in 2030 within the following two decades. The Southeast Asian city-state expects the emissions ceiling to be 65 million tons of carbon dioxide around 2030, Senior Minister Teo Chee Hean said in Parliament. That will ...

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