Bloomberg Singapore’s count of millionaires could increase by more than 60% over the five years from 2020 to 2025, according to Credit Suisse Group AG, part of a surge in millionaires expected in Asia as financial capitals emerge from the Covid-19 pandemic. The city-state may have 437,000 millionaires by 2025 compared with 270,000 in 2020, according to the bank’s 2021 ...

Bloomberg Hong Kong’s on-demand logistics and delivery firm Lalamove has filed confidentially for a US initial public offering, according to people with knowledge of the matter. The company, also known as Huolala in China, is looking to raise at least $1 billion in the share sale, the people said. Details of the offering including the fundraising amount are still subject ...

Bloomberg Russia said it used bombs and gunfire in “warning shots” to force a British Navy destroyer to leave waters it claims in the Black Sea, but the UK rejected that, saying it was likely a “gunnery exercise” that didn’t affect the ship’s planned voyage. The episode, which the Russian Defense Ministry said took place off Cape Fiolent, south of ...