BLOOMBERG Australia’s securities regulator is set to start civil legal proceedings against National Australia Bank Ltd. for allegedly manipulating the nation’s benchmark swap rate, according to a person familiar with the matter. It will be the third such legal action in a more-than three-year investigation by the Australian Securities & Investments Commission into alleged manipulation of the bank-bill swap ...

  Bloomberg Japan for years has been renowned for having the world’s largest government debt load. No longer. That’s if you consider how the effective public borrowing burden is plunging — by one estimate as much as the equivalent of 15 percentage points of gross domestic product a year, putting it on track toward a more manageable level. Accounting for ...

  Taipei / AFP Reducing errors made during surgery, bringing school books to life, enabling us to browse shops from the comfort of home — virtual reality is not just about gaming, it will change our lives, according to some tech leaders. “VR” is the buzz industry at Asia’s largest tech fair, Computex, being held in Taiwan’s capital Taipei this ...