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  Bloomberg T-Mobile US Inc. rose as much as 5.3 percent following a report that SoftBank Group Corp. would be willing to give up control of Sprint Corp. if it would help cement a potential merger of the two mobile-phone carriers. SoftBank can’t yet talk to T-Mobile’s parent company, Deutsche Telekom AG, because of a gag rule related to an ...

  Bloomberg Toshiba Corp., seeking to make up for a huge writedown in its nuclear-equipment unit, finally took the drastic step of putting its crown jewel — its chip business — up for sale. Finding a buyer might prove to be even more difficult. The Tokyo-based conglomerate had been entertaining offers for a minor stake in the flash-memory operations, until ...

  Bloomberg Singapore’s economy grew at its fastest pace in more than five years in the fourth quarter, driven by a surge in manufacturing as export demand recovered. Gross domestic product rose an annualized 12.3 percent in the three months to December from the previous quarter, rebounding from a contraction of 0.4 percent, the trade ministry said in a statement. ...

  Bloomberg Singapore’s residential property curbs are set to stay in place for at least another year amid signs the city’s housing market is stabilizing, the chief executive officer of Southeast Asia’s biggest developer said. “We see volume picking up and the price declines have slowed,” Lim Ming Yan, the president and CEO of CapitaLand Ltd., said in a Bloomberg ...

  Bloomberg Audi dealers in China are demanding 28 billion yuan ($4 billion) to cover losses over the past three years that they blame on the automaker adding too many distributors, potentially worsening a sales decline that saw BMW and Mercedes-Benz overtake the luxury brand last month. The dealers met in Sanya, China, and issued a statement saying their newly ...

  Bloomberg Warburg Pincus is in advanced discussions to buy a stake in the engineering unit of Tata Motors Ltd., the manufacturer of Jaguar sports cars and Land Rover sport utility vehicles, people with knowledge of the matter said. The private equity firm is in talks to buy a significant minority holding in Tata Technologies Ltd. for about $450 million, ...

  A strange and circuitous path led Lt. Gen. Michael Flynn towards his fateful telephone contact in late December with Russian Ambassador Sergey Kislyak, and the flameout of what had been a distinguished military career. Military and intelligence colleagues who served with Flynn describe him as a brilliant tactician whose work in the shadowy Joint Special Operations Command a decade ...

  Chief executives from retailers including JC Penney Co., Target Corp. and Best Buy Co. went to Washington on Wednesday to implore President Trump not to follow through with pledges to tax stuff sold in the US but made abroad. Lobbying from companies against the so-called border adjustment tax (BAT) might not be enough to sway Trump, who based much ...

If the scandal surrounding Donald Trump’s national security adviser, Michael Flynn, were merely about whether he broke the law, it would be over. The controversy persists because it calls into question Flynn’s judgment and credibility — and by extension, that of Trump’s administration. Last December, on the day the U.S. enacted sanctions against Russia for interfering in the U.S. presidential ...

  And lastly it came. Samsung’s Group de facto leader Jay Y Lee was formally arrested over his alleged involvement in massive corruption scandal. It is believed that Lee, scion of the South Korea’s richest family and vice chairman of Samsung’s Electronics, gave bribes worth $36 million to President Park Geun-hye and her close friend, Choi Soon-sil, to help win ...