Bloomberg Beverage cans manufacturer Pakistan Aluminium Beverage Cans Ltd (PABC), a joint venture of the UK’s Ashmore Group and Pakistan’s Liberty Group Ltd, is exploring a sale that could fetch about $100 million, people with knowledge of the matter said. The shareholders are working with an adviser on the potential sale, said the people, who asked not to be identified ...

Bloomberg Hong Kong’s largest television broadcaster said it is cutting its workforce, citing an economic slowdown and a “severe situation” as months of social unrest have rocked the city. Television Broadcasts Ltd’s (TVB) 3,500-person staff — excluding artists — will be reduced by 10% to improve cost efficiency, according to an email to staff members from Chief Executive Officer Mark ...

Bloomberg Sales of private apartments in Singapore rebounded in November amid concerns a property glut could halt a nascent price recovery. Developers in the city-state sold 1,147 units last month versus 931 dwellings in October, urban redevelopment authority data released on Monday showed. The 23% gain came despite fewer apartment launches; home builders launched 740 apartments for sale last month ...