Bloomberg South Korea’s exports slightly contracted in June, adding to concerns about the health of the country’s economy. Shipments fell 0.1 percent from a year earlier, compared with the 2.2 percent gain forecast in a Bloomberg survey of economists. Imports increased 10.7 percent, leaving a trade surplus of $6.32 billion, according to a statement from the trade ministry. The dip ...

Bloomberg Chinese restaurant chain P.F. Chang’s Bistro, burdened with a heavy debt load and fierce industry competition, may be headed to the auction block, private equity owner Centerbridge Partners LP said. Centerbridge bought the brand and took it private in 2012. The firm recently completed P.F. Chang’s split from Pei Wei Asian Diner, a separate restaurant chain that had been ...

Bloomberg Jaguar Land Rover is planning to build an electric vehicle in China as the iconic British manufacturer steps up its game in a fast-growing market where other luxury marques from Audi to Mercedes-Benz are plowing money to gain leadership. The automaker, which already makes the gasoline-powered E-Pace compact sport utility vehicle locally with its Chinese partner Chery Automobile Co., ...