Bloomberg Business

Indonesia lowered taxes on some investments and sweetened land acquisition terms as part of efforts to attract funds for its $34 billion new capital project that’s struggling to take off.

China’s sweeping changes to the financial regulatory system will see the central bank lose some of its functions to a new and enlarged oversight body, leaving it focused on broader economic and financial stability management.

House Speaker Kevin McCarthy confirmed plans to meet with Taiwan’s president in the US this year but stressed that meeting doesn’t preclude a trip to Taiwan later.

McDonald’s, 7-Eleven and mayonnaise-maker Kewpie are just some of the firms in Japan contending with the worst-ever global outbreak of bird flu.

China’s financial watchdogs are facing massive pay cuts as Beijing overhauls the regulatory regime to further tighten the reins on the $60 trillion industry and comply with President Xi Jinping’s “common prosperity” drive.

India’s major power users will soon be able to access higher-priced electricity rather than being forced to scale down operations if another sweltering summer leads to a repeat of last year’s shortages.

Spanish Prime Minister Pedro Sanchez’s coalition faces the worst threat to its unity so far, after its junior partner voted against changing a law that unintendedly lowered hundreds of sentences for sex offenders.

Cathay Pacific Airways Ltd. posted an annual operating profit for the first time since 2019, after Hong Kong opened for quarantine-free travel again following more than two years of Covid restrictions.

Credit Suisse Group AG has obtained licenses allowing it to launch its wealth management business in China in the first half of this year as well as expand its securities trading and research activities onshore.

Karpowership, the Turkish company seeking to supply 1,220 megawatts of electricity to South Africa, had one of three appeals against adverse environmental rulings rejected, a person with knowledge of the matter said, potentially delaying a solution to the country’s power crisis.