Sources
GIC, Hillhouse in talks to invest in Midea’s Hong Kong IPO, sources say
State investor Temasek is among the company’s potential stockholders as it holds discussions to buy shares SINGAPORE sovereign wealth fund GIC and alternative asset manager Hillhouse Investment are considering...
GIC, Hillhouse in talks to invest in Midea’s Hong Kong IPO: sources
State investor Temasek is among the company’s potential stockholders as it holds discussions to buy shares SINGAPORE sovereign wealth fund GIC and alternative asset manager Hillhouse Investment are considering...
Samsung plans global job cuts of up to 30% in some divisions: sources
SAMSUNG Electronics, the world’s top maker of smartphones, TVs and memory chips, is cutting up to 30 per cent of its overseas staff at some divisions, three sources with...
Trading surge in PBOC-owned China bonds a sign of intervention, sources say
TRADERS are seeing a surge in trading of some Chinese special government bonds mostly owned by the People’s Bank of China (PBOC). Sources said this is a sign that...
Hong Kong’s CK Hutchison plans to raise up to US$1.5 billion in dollar bonds: sources
HONG Kong conglomerate CK Hutchison is planning to raise up to US$1.5 billion in a two-tranche US dollar bond deal, according to two sources with direct knowledge of the...
Boeing delays suppliers’ 737 MAX output goal by 6 months: sources
BOEING has told suppliers it is delaying a key production milestone for its 737 MAX by six months, three industry sources said, in a sign the planemaker is struggling...
India to extend sugar export ban to boost local supplies, ethanol output: sources
INDIA plans to extend a ban on sugar exports for the second straight year as the world’s biggest consumer of the sweetener grapples with the prospects of lower cane...
Opec+ nearing agreement to delay oil output hike, sources say
OPEC+ is nearing an agreement to delay a planned October oil output increase after crude prices hit their lowest in nine months, two sources from the producers group told...