Bloomberg Hong Kong stocks saw a sudden spike in afternoon trading on Tuesday, with property shares leading the advance. The Hang Seng Index rose 2% at the close as inflows from across the border continued for a seventh day. Before the advance, the gauge had fallen for three straight sessions. A measure of property stocks listed in the city increased …

Bloomberg India’s equity benchmark is set to snap its longest losing streak since March following a global rally in equities. The S&P BSE Sensex rose 1% to 37,324.84 as of 10:25 am in Mumbai. The gauge had declined in six of the last seven sessions as some investors judged its rebound from March lows as overdone in the backdrop of …

Bloomberg Global remittances could fall by as much as $108.6 billion in 2020 if it takes a year to contain the coronavirus pandemic and reopen economies, according to Asian Development Bank (ADB) economists. “Migrant workers are among the hardest hit groups, with many facing scant job security and limited access to social assistances,” ADB economists James Villafuerte and Aiko Kikkawa …