Welcome to Thursday, Asia. Here’s the latest news and analysis from Bloomberg Economics to help you start the day:
Juul Labs Inc. is reducing its presence in its home city of San Francisco, as the embattled e-cigarette maker’s new management continues a far-reaching review of its operations.
Even for London’s ultra-luxury real estate market, the price is sensational: more than $262 million for a 45-room mansion in Knightsbridge.
Hot cities need to get serious about allowing more construction.
Sales of previously owned U.S. homes jumped in December to the best pace in nearly two years as historically low interest rates continued to lure buyers despite record-low inventory.
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