Bloomberg Business

China issued its most sweeping blueprint for data ownership in a sign of how important a role it plays in Xi Jinping’s vision for the world’s second-biggest economy.

The Bank of Japan’s surprise move to widen its bond yield trading band triggered a sharp reaction in financial markets. Here are some of the initial takes from central bank-watchers.

Chinese banks maintained their benchmark lending rates for a fourth month, with economists predicting a possible reduction to the mortgage reference rate in coming months to help the struggling property sector.

India’s biggest carmaker, Maruti Suzuki India Ltd., said government levies put vehicles beyond the reach of much of the population, adding to criticism of the country’s tax regime from Tesla Inc. and Toyota Motor Corp.

Indonesia’s parliament has approved a long-awaited extradition treaty with Singapore, making it easier to repatriate fugitives who escape to the rich city-state.

Ukraine’s president,Volodymyr Zelenskiy,said “this week we made important progress” on getting “more modern and more powerful” air defense systems. He commented after US officials said a decision to supply Patriot air-defense missile batteries awaits a final decision by President Joe Biden.

Malaysian tycoon Syed Mokhtar Albukhary is conducting a strategic review of conglomerate DRB-Hicom Bhd., according to people with knowledge of the matter.

Blackstone Inc. is considering strategic options for Japanese specialty drugmaker Ayumi Pharmaceutical Corp., according to people familiar with the matter.

A Chinese diplomat blamed recent widespread protests against Covid Zero on outsiders seeking to spark “color revolutions,” an attempt to shift blame away from the harsh rules that dominated urbanites’ lives for nearly three years.