Singapore’s minister for foreign affairs, Vivian Balakrishnan, spent two days in China this week, meeting with Chinese officials to set a positive tone for both the bilateral relationship and the China-ASEAN relationship. It was Balakrishnan’s first visit to China since assuming his post in October 2015. In an op-ed for China Daily, Balakrishnan cited Lee Kuan Yew, Singapore’s first prime …

LONDON / Bloomberg A company controlled by the Shaw Foundation, the philanthropic arm of the late Hong Kong movie mogul Run Run Shaw’s empire, agreed to acquire an office building in London’s main financial district from Malaysia’s second-largest pension fund, according to three people familiar with the matter. The foundation, which is being advised by Knight Frank, will pay Kumpulan …

BEIJING / Bloomberg After getting burned by the bursting of China’s stock-market bubble, Liu Yihui is seeking salvation from the country’s latest investment mania: big-city properties. The 35-year-old civil engineer dumped his equity holdings after losing 40 percent last year, using the proceeds to buy a 5 million yuan ($763,464) apartment in Shenzhen. Prices in the southern business hub have …