Bloomberg Hong Kong Financial Secretary Paul Chan unveiled a range of relief measures worth about HK$2 billion ($255 million) targeting tourism and the transportation industry in a renewed effort to help businesses grappling with the economic fallout of ongoing political turmoil. Widening the scope of a 50% rent reduction announced in an earlier package to include some car parks, restaurants ...

Bloomberg China Inc is struggling to offload overseas businesses and the accompanying debt in an increasingly volatile market. In just a few weeks, companies from yacht makers to luxury clothing and pizza outlets — acquired by Chinese firms in recent years — have either scrapped planned initial public offerings or sought alternatives to reduce their debt piles. Ferretti SpA, the ...

Bloomberg India plans to introduce rules to regulate social media because it can cause “unimaginable disruption” to democracy, PM Narendra Modi’s government said in a legal document filed in the nation’s Supreme Court. The government needs three months to formulate the rules to regulate social media platforms offered by companies such as Twitter and Facebook to curb circulation of fake ...