Bloomberg South Korean leader Moon Jae-in ramped up his commitment to rein in rising property prices on Tuesday, pledging an “endless” stream of stronger measures if soaring housing prices in some neighbourhoods don’t cool. “Excess liquidity and low rates around the globe are behind the rise in property prices, drawing speculative money into real estate and causing large price jumps ...

Bloomberg Indonesia ordered its top refiner to limit the purchase of crude oil from overseas this year as the former OPEC member seeks to source more fuel locally to tackle a persistent current account deficit. The energy and mineral resources ministry issued PT Pertamina with a permit to import only 50 million barrels of crude this year, below the 80 ...

Bloomberg India’s Supreme Court has allowed the federal anti-money laundering agency to seize assets of JPMorgan Chase & Co’s India unit, if needed, for allegedly violating foreign investment rules, according to a lawyer who was part of the proceedings. The court had in July asked Enforcement Directorate to probe JPMorgan’s role in allegedly helping property developer Amrapali Group divert 1.4 ...