Bloomberg US stocks rose as earnings season continued with another major bank reporting healthy results. The dollar rose, while Treasuries declined with gold, as Congress appeared closer to a deal to avert a government shutdown after January 19. All major equity gauges were higher, with semiconductor companies leading gainers. The S&P 500 Index climbed after Bank of America Corp. beat ...

Bloomberg Bitcoin tumbled below $10,000, bringing its loss to almost 50 percent from a record set only a month ago, as increased scrutiny from regulators around the world weighs on the digital- coin craze. The largest cryptocurrency dropped 10 percent to $9,610.05 as of 9:33 am in New York, its first foray below $10,000 since December 1, according to consolidated ...

Reuters Gulf stock markets were mixed on Wednesday with Masraf Al Rayan, Qatar’s second-largest bank by market value, pulling the Qatari stock index 0.2 percent lower. Shares in Masraf Al Rayan sank 2.7 percent after the bank reported a 9.6 percent drop in fourth-quarter net profit to 466 million riyals, below an average 562.5 million riyal forecast by Reuters analysts. ...

Bloomberg India is considering a plan to sell its ownership in Hindustan Petroleum Corp. (HPCL) to the nation’s biggest explorer at a premium of not more than 9 percent of the company’s six-month average share price as it seeks to reach a final agreement as early as January 31, according to people with knowledge of the matter. Capping the premium ...

Bloomberg WhatsApp rival Hike of India is introducing a version of Android that lets users message, make payments and access information without an active data connection, seeking to offer services to people who aren’t yet able to access the internet. The modified mobile software, called Total, will be available on four devices starting March, Hike said. People will be able ...

Bloomberg Vertical farming startup Plenty Inc. plans to build 300 indoor farms in or near major Chinese cities to meet rising demand from the country’s middle-class who are willing to pay more for safer food. The company also plans to set up what it calls experience centres in Beijing and Shanghai so that local residents can taste raw vegetables, Chief ...

Bloomberg Hindustan Unilever Ltd.’s revenue climbed 4.1 percent in the third quarter as India’s largest consumer-goods company widened the gap with competition including from yoga guru Baba Ramdev’s Patanjali Ayurved Ltd. Revenue at the Indian unit of Unilever rose to 87.4 billion rupees ($1.4 billion) in the three months through December, the Mumbai-based company said. That exceeded the 84.3 billion-rupee ...

Bloomberg Billionaire Wang Jianlin’s Dalian Wanda Group Co. is close to reaching an agreement to sell two Australian luxury property projects—one in Sydney and one on the nation’s Gold Coast, according to people familiar with the matter. The buyer is of Chinese origin, said two of the people, who asked not to be identified because discussions are private. A deal ...

Bloomberg China’s insatiable appetite for solar power led to a surprise increase in global clean-energy investment last year even as US President Donald Trump pushed to undermine pollution rules and curbs on coal. About $333.5 billion poured into renewable energy and cutting-edge power technologies, up 3 percent from 2016 and 7 percent short of the record set in 2015, according ...

Bloomberg The pace at which China exports the fuel it doesn’t want is set to jump by more than four times in 2018, according to the nation’s biggest energy producer. That’s a harbinger of bad news for processors in the rest of Asia — from South Korea to Japan and India — who now have to contend with higher crude ...