As millennials slowly age into family life, they’re faced with two daunting financial challenges: the rising cost of housing and the high cost of child care. One way to deal with these challenges is to use technology-enabled remote work so parents can live and work in cheaper small towns like their elders did generations ago. Annual growth in home …

  Bloomberg Prime Minister Narendra Modi is set to inaugurate an international exchange in Gujarat state’s new finance zone, seeking to grab some of India’s $48 billion in offshore banking activities from Singapore, Dubai and Hong Kong. The India International Exchange, at the bottom of a 16-storey building that dominates the finance zone, will start trading single stock and equity …

  Bloomberg China’s foreign currency holdings fell for a sixth month in December, bringing last year’s drop to $320 billion as the yuan posted its steepest annual slide in more than two decades. Reserves decreased $41.1 billion to a fresh five-year low of $3.01 trillion, the People’s Bank of China said. That was in line with estimates in Bloomberg’s survey …