Bloomberg Business

Jakarta has been blanketed in smog that has made its air quality the worst in the world as the government resorts to a slew of disorganized measures to clear the pollution.

Morgan Stanley lowered its price targets for major Chinese and Hong Kong stock indexes for the second time in three months, as Wall Street turns more cautious on the world’s second-largest economy.

Astellas Pharma Inc. priced one of the biggest yen bond deals of the year Friday, raising funds to pay for an overseas acquisition from a primary market that’s seeing record issuance.

Shares in ENN Energy Holdings Ltd. registered their worst-ever decline after the Chinese gas distributor posted weaker-than-expected earnings and warned that sales would drop this year as China’s economy loses steam.

A spillover of China’s property market stress to the rest of Asia will slow the region’s earnings and returns, Goldman Sachs strategists wrote in note, slashing price targets for the MSCI Asia Pacific ex Japan Index.

Strategists may be getting increasingly bearish on the yuan but their words are failing to resonate with option traders who see very little chance of the currency falling to some of the most pessimistic levels forecast.

Deutsche Bank AG is seeking to bolster its financing business in Asia and is creating new roles in its efforts to boost revenue in the region.

An 18-year-old and his accomplice were part of a hacking group that cyber experts have called “unique for its effectiveness, speed, creativity, and boldness.” Its motivation: notoriety, money, and “lolz.”

Hungry developers, stay-at-home drinkers and rising prices all spell doom for several legendary drinking establishments.