Bloomberg China lowered its goal for economic growth and announced a major tax cut, as policymakers seek to pull off a gradual deceleration while grappling with a debt legacy and the trade standoff with the US. The gross domestic product (GDP) growth target released on Tuesday morning in Premier Li Keqiang’s annual work report to the National People’s Congress was ...

Bloomberg SoftBank Group Corp.’s Vision Fund raised a $3 billion loan from banks including Goldman Sachs Group Inc. to help bridge funding gaps in deals, according to two people with knowledge of the matter. Goldman Sachs along with Mizuho Financial Group Inc. led the so-called capital call facility, said the people, asking not to be identified because the information is ...

Bloomberg Indonesia is going all out to strike trade pacts with about a dozen countries and blocs as US-China trade war hurts its shipments and threatens to worsen a current-account deficit. The urgency to seal as many trade pacts as possible stems from the need to reverse a slump in exports in the past three months, which sent the nation’s ...