Bloomberg One of Tencent Holdings Ltd.’s most valuable investments is sinking as China expands its crackdown on online content. China Literature Ltd, in which Tencent holds a controlling stake, tumbled as much as 10 percent before closing down 7.3 percent at a new low in Hong Kong, as another of its online sites was targeted for alleged violations. The stock ...

Bloomberg Global Switch, the UK data centre operator controlled by Chinese investors, is planning to file for a Hong Kong initial public offering as soon as this week, according to people with knowledge of the matter. The London-based company aims to raise more than $1 billion, Bloomberg News has reported in March. Deliberation is ongoing and timing of the deal ...

Bloomberg One of the biggest challenges facing Indian Prime Minister Narendra Modi as he begins his second term is ensuring clean air in a country that’s home to some of the most polluted cities in the world. The country is burning up more coal to supply cheap electricity to its 1.3 billion people, resulting in polluted air across vast stretches. ...