Zimbabwe’s new currency system adequately funded

Bloomberg News|Published

Zimbabwe has sufficient foreign currency reserves to sustain the reintroduced foreign currency auction system.

China drops key environmental target as coronavirus hits growth

Bloomberg News|Published

The coronavirus pandemic has forced China to drop a second key measurement on energy conservation.

5-minute virus tests may give inaccurate results, Fosun warns

Bloomberg News|Published

A Chinese drug has cautioned that the slew of new test kits that promise to detect the coronavirus in just a few minutes may not be as accurate.

NYSE to move to fully electronic trading

Bloomberg News|Published

The New York Stock Exchange will temporarily close its equities and options trading floors, moving to all-electronic trading.

Virus jolts China to curb animal trade before hosting UN summit

Bloomberg News|Published

The deadly coronavirus that has infected more than 80,000 people in China could push the government to boost protection for animals and plants.

Central banks stay on the frontline of global economic fight

Bloomberg News|Published

Central banks are out to prove the doubters wrong, unleashing a whole new wave of stimulus after years of being told they were out of ammunition.

China offers incentives to encourage investment in hog farming

Bloomberg News|Published

China is broadening its range of policy incentives to encourage large private hog farms to expand by upgrading technology and safety standards.

Over 100 builders go bust in China as virus strains deepen

Bloomberg News|Published

The coronavirus epidemic is accelerating a shakeout in China?s property sector as a cash crunch forces distressed developers to throw in the towel.

Oil buyers seek up to 50% more Saudi crude amid price war

Bloomberg News|Published

At least three buyers of Saudi Arabian oil requested between 30% and 50% more supplies than they had originally planned in April.

What doctors treating Covid-19 in Wuhan say about Coronavirus

Bloomberg News|Published

As the new coronavirus epidemic spreads across the globe, experts are turning to findings from China.

Virus Outbreak Chills China’s Red-Hot Home Rental Startups

Bloomberg News|Published

Zhang Yan learned first-hand how the coronavirus is ravaging China?s once booming real estate economy.

WATCH: China car sales plunge to fresh depths as virus spreads

Bloomberg News|Published

Car sales in China fell to fresh lows in January as the coronavirus kept buyers away from showrooms, intensifying the gloom hanging over the industry.

Virus Impact: Toyota halts production, Cargill works from home

Bloomberg News|Published

Toyota Motor Corp. is halting production in China and other companies suspended operations or asked employees to work from home.

Masks and hand sanitizer sell out as virus outbreak grips China

Bloomberg News|Published

The deadly virus spreading across China has spurred a run on protective face masks and hand sanitizer.

WATCH: World’s biggest producer of plastic to curtail its use

Bloomberg News|Published

China will curtail its consumption of single-use plastic in an effort to tackle a soaring amount of the discarded material.

A guide to what the world’s top central banks will do next year

Bloomberg News|Published

It was the year central banks jumped back into the fray, cutting interest to deal with a slowdown driven by a trade war.

Tesla considers cutting price of China built cars next year

Bloomberg News|Published

Tesla Inc. is considering cutting the price of its China-built Model 3 sedans by 20 percent or more next year, people familiar with the plans said.

China spends $29bn on pampering pets as birthrate slows

Bloomberg News|Published

Leia is a German miniature pinscher and one of millions of pets in China whose every whim are indulged by their owners.

Worst of China’s African Swine Fever Over, Says Ministry Official

Bloomberg News|Published

China?s hog population has stopped shrinking and is starting to rise, after months of decline because of African swine fever.

China offers 5G discounts in race to scale biggest network

Bloomberg News|Published

China?s phone carriers offered discounts to subscribers after switching on the world?s largest 5G network Thursday.

Huawei defies U. S. ban with strong growth in smartphone sales

Bloomberg News|Published

Huawei Technologies Co. ?s revenue jumped 24% in 2019?s first nine months, defying Trump administration sanctions to sustain growth.

China’s imports, exports both worse than expected in September

Bloomberg News|Published

China?s exports and imports shrank more than expected in September, as existing U. S. tariffs and the ongoing slowdown in global trade combined to undercut demand. ...

Rogue oil trader causes $320m loss at Mitsubishi Corp. unit

Bloomberg News|Published

Mitsubishi said a rogue oil trader at its Singapore unit lost $320m from unauthorized transactions disguised as legitimate hedges for customers.

Porsche is in talks to buy electric-car batteries from China

Bloomberg News|Published

Porsche is in discussions to procure electric-car batteries from China?s Contemporary Amperex Technology Co. Ltd.

China drone attack on crop-eating ‘monster’ shows 98% kill rate

Bloomberg News|Published

An army of drones deployed to fight a crop-devouring pest in a southern area of China has recorded a mortality rate of as high as 98%.