Asian stocks rose in September, with the benchmark index heading for its biggest gain in three years, as the Federal Reserve unexpectedly maintained stimulus and data signaled China’s economy is strengthening.
McDonald’s Corp., which sells 750- calorie Double Quarter Pounders with cheese, will start offering fruit, salads and vegetables instead of fries with value meals in a push to get its diners to make healthier choices.
For the first time since the 2008 financial crisis, derivatives traders regard General Electric Capital Corp. as less risky than JPMorgan Chase & Co. as GE shrinks the unit and the bank faces billions of dollars in fines.
Power Assets Holdings Ltd., controlled by Asia’s richest man, Li Ka-shing, is seeking to raise as much as $5 billion by selling units in its Hong Kong electricity arm, two people with knowledge of the plan said.
The global sugar surplus will be 40 percent bigger than previously forecast as rising output in Asia will more than compensate for a decline in Brazil’s main growing region, according to Green Pool Commodity Specialists Pty.
China Huishan Dairy Holdings Co., the milk producer backed by billionaire Cheng Yu-tung, fell in its Hong Kong trading debut after a $1.3 billion initial public offering that was priced at the top of its marketed range.
Dharmendra Singh has spent A$1.3 million ($1.2 million) since July on two houses 39 kilometers (24 miles) northwest of Sydney, drawing on an existing mortgage to pay a deposit on one and taking out two new loans.