Bloomberg Foxconn Technology Group Chairman Terry Gou said the iPhone will go into mass production in India this year, a shift for the largest assembler of Apple Inc’s handsets that has long concentrated production in China. Gou said that Prime Minister Narendra Modi has invited him to India as his Taiwanese company plans its expansion in the country. Apple has ...

Bloomberg Private-home sales in Singapore soared in March as developers marketed more projects after a typically slower February that included the Chinese Lunar New Year holiday. Developers sold 1,054 units last month, more than double the 455 in February, the Urban Redevelopment Authority said in a statement. Residential home prices decreased for a second straight quarter in the three months ...

Bloomberg India’s southwest monsoon, which waters more than half of the country’s farmland and is crucial for economic growth, is expected to be ’near-normal’ this year as the risk of an El Nino weather pattern looms. Annual rainfall during the June-September rainy season is likely to be 96 percent of a long-term average, the India Meteorological Department said. The forecast ...