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China’s biodiesel producers seek new outlets as hefty EU tariffs bite
CHINESE biodiesel producers are seeking new outlets in Asia for their exports and exploring producing other biofuels as supply to the European Union, their biggest buyer, dries up ahead...
Three Arrows liquidators seek US$1.3 billion over 2022 Luna crash
LIQUIDATORS for the failed cryptocurrency hedge fund, Three Arrows Capital, are seeking at least US$1.3 billion from TerraForm Labs, the bankrupt digital assets business co-founded by Do Kwon, for...
Telkom Indonesia taps Goldman, Mandiri to seek strategic investor for data centre business
INDONESIA’S state-owned communication giant Telkom Indonesia has appointed Goldman Sachs and Mandiri Sekuritas to help it find a strategic investor for its data centre business, according to a senior...
Infrastructure funds seek value in fossil-powered gencos, nascent SE-Asia markets
Infrastructure’s steady yields are luring private capital investors to a space that was once almost exclusively the purview of institutional investorsTRADITIONAL power assets and nascent South-east Asian markets are...
China Evergrande’s EV arm drops after creditors seek bankruptcy proceedings for units
SHARES of China Evergrande New Energy Vehicle fell 7 per cent in Monday (Jul 29) morning trade after individual creditors of two of its units sought court approval for...
CATL supplier Lopal said to seek US$200 million for Indonesia unit
JIANGSU Lopal Tech is considering raising about US$200 million for its Indonesian unit as it ramps up local production of materials used in electric-vehicle batteries, according to people familiar...
Gold flat as dollar, yields firm; investors seek more US data
GOLD prices were flat on Wednesday (Jun 26) as the US dollar and Treasury yields held firm ahead of a key inflation reading due later this week, which could...