Bloomberg Singapore’s exports surged above economists’ forecasts for a second consecutive month, signaling a recovery in the trade-dependent economy. Non-oil domestic exports rose 9.4 percent in December from a year ago, International Enterprise Singapore said in a report. The median estimate of 15 economists surveyed by Bloomberg was for a 5.8 percent increase. Electronics exports increased 5.7 percent in …

  Bloomberg Hyundai Motor Co. and affiliate Kia Motors Corp. said they will spend $3.1 billion in the US in the next five years, joining other vehicle manufacturers in announcing investment plans amid threats from President-elect Donald Trump of higher levies on auto imports from Mexico. The planned US investment by South Korea’s two largest automakers is about 50 percent …

  Bloomberg Chinese President Xi Jinping cautioned against protectionism as he pushed back against criticism of globalization by Donald Trump and other Western populists. “Protectionism is like locking yourself in a dark room, which would seem to escape wind and rain, but also block out the sunshine,” Xi told the World Economic Forum on Tuesday, the first Chinese head of …

  Bloomberg China’s top underwriter of green bonds said the government may accelerate approvals in 2017 as the nation battles a toxic wave of smog. Guotai Junan Securities Co. said the government should boost incentives for notes with proceeds earmarked for environmental projects, after a People’s Bank of China researcher said it may recommend tax breaks for investors. Chinese firms …

  Bloomberg China’s government has conveyed its concern over Foxconn Technology Group billionaire Terry Gou’s plan to expand the Apple Inc. assem-bler’s operations in the US after President-elect Donald Trump takes office, people familiar with the matter said. A high-ranking Chinese official recently expressed Beijing’s concerns directly to Gou, the people said, asking not to be identified because the conversation …

  PARIS / AP I am, therefore I’m paid. The radical notion that governments should hand out free money to everyone — rich and poor, those who work and those who don’t — is slowly but surely gaining ground in Europe. Yes, you read that right: a guaranteed monthly living allowance, no strings attached. In France, two of the seven …

  Bloomberg European car sales rose 6.5 percent to a nine-year high in 2016, propelled by pent-up demand amid a recovering economy, as French manufacturer Renault SA took advantage of market leader Volkswagen AG’s diesel-emissions scandal to leap from third place to second. Registrations increased to 15.1 million vehicles last year from 14.2 million in 2015, the Brussels-based European Automobile …

  Bloomberg General Motors Co. is set to announce a $1 billion US investment plan, joining Hyundai Motor Co. and Kia Motors Corp. among the latest automakers to outline their spending amid pressure from President-elect Donald Trump to create jobs. The largest US automaker plans to say on Tuesday it will invest in US plants over several years, and expects …

  Bloomberg Zhou Shuoji is not a bitcoin believer. He says the cryptocurrency will never replace its traditional forebears, and he calls most of its proponents fanatics. But for Zhou, a 35-year-old high-speed trader in Beijing, bitcoin is also too good to resist. His computers trade it 24 hours a day, seven days a week. Using lightning quick orders, they …

  Dubai / Emirates Business LG Electronics (LG) and Dolby Laboratories, Inc. (NYSE: DLB) announced the LG UP970 Ultra HD Blu-ray player, LG’s first 4K Blu-ray player which will support Dolby Vision high-dynamic -range (HDR) imaging. LG’s UP970 Ultra HD Blu-ray player delivers a more immersive and vivid viewing experience than ever before. Leveraging the HDR technology that powers Dolby’s …