Bloomberg SoftBank Vision Fund is seeking to invest almost $1 billion in China’s SenseTime Group Ltd. as it seeks a stake in the world’s most valuable artificial intelligence (AI) startup, people familiar with the matter said. The fund, created by SoftBank Group Corp., and SenseTime are still finalising terms of the deal and the details could still change, the people ...

Bloomberg Malaysian Finance Minister Lim Guan Eng pared back expectations for economic growth for this year to about 5 percent as the export-reliant nation braces for knock-on effects of a brewing trade war. “If the global economy slows, as a trading nation, definitely Malaysia will be impacted,” Lim said in an interview with Bloomberg Television. His forecast is more bearish ...

Bloomberg India’s government is holding up Facebook Inc.’s plans for a nationwide launch of its WhatsApp payments service over concerns about how users’ data will be stored and other issues, according to people familiar with the matter. The country’s Ministry of Electronics and Information Technology, or MEITY, has asked WhatsApp and its partner banks to supply more details about the ...