Bloomberg Business

Only a week ago, Zhongzhi Enterprise Group Co. attracted little notice within China and was almost unheard of everywhere else.

Jinke Properties Group Co. obtained shareholder approval to make a restructuring application with a Chinese court, a step toward becoming the largest developer to do so during the country’s property crisis.

Expansion, currency cooperation and food security on agenda

China’s central bank signaled more monetary easing is on the cards, as it seeks to support growth while also safeguarding the stability of the yuan.

UBS Group AG plans to rebuild its team in India as it prepares to create more products to compete for managing the wealth of rich Indians.

China’s state-owned property developers are warning of widespread losses, fueling concerns that the housing crisis is expanding from the private sector to companies with government backing.

Elon Musk has arrived in Japan for his first known visit in nine years.

Chinese President Xi Jinping made his first major public appearance after the country’s north was struck by devastating floods, calling for stronger efforts in disaster relief and safeguarding national food security.

Cnooc Ltd. said its first-half profit declined as oil prices slumped over concerns about global growth, even as China’s biggest offshore driller benefited from strong output during the period.

Vietnam’s government is racing to help businesses access loans as slowing exports continue to be a drag on the trade-reliant economy, putting at risk the nation’s growth target this year.