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After bold bet on US LNG, Sinochem seeks imports tie-up with PipeChina-sourcesSINGAPORE : China's Sinochem Group is in advanced talks with state-owned PipeChina for using the energy infrastructure firm's liquefied natural gas (LNG) terminals after it struck a U.S. deal to buy the superchilled fuel, people with knowledge of the matter said.The move comes after state-owned Sinochem,
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After bold bet on US LNG, Sinochem seeks imports tie-up with PipeChina-sourcesSINGAPORE : China's Sinochem Group is in advanced talks with state-owned PipeChina for using the energy infrastructure firm's liquefied natural gas (LNG) terminals after it struck a U.S. deal to buy the superchilled fuel, people with knowledge of the matter said.The move comes after state-owned Sinochem,
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Adelaide to host two Australian Open warm-upsSYDNEY :Adelaide will host two tournaments, including the Adelaide International, in the lead-up to the Australian Open in January next year, South Australia state Premier Steven Marshall announced on Monday.The Adelaide International was staged as a warm-up to the Grand Slam in 2020, but this year all the wa
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Dollar stands tall as Powell reappointment firms hawkish Fed betsHONG KONG : The dollar was near a four-and-a-half-year top against the yen on Tuesday, after Federal Reserve Chair Jerome Powell was reappointed for a second term, emboldening bets on higher U.S. interest rates.At 114.8 yen the greenback is near last week's peak of 114.97, its highest since March 2017, ha
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Analysis-Investors bet Powell's Fed will get more aggressive on inflationNEW YORK : Investors are betting that newly renominated Federal Reserve Chairman Jerome Powell will need to step up the pace at which the central bank is normalizing monetary policy to better grapple with surging consumer prices.For months, Powell has insisted the current bout of inflation is likely to be
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Some Chinese banks told to issue more loans for property projects - sourcesBEIJING : Some Chinese banks have been told by financial regulators to issue more loans to property firms for project development, two banking sources with direct knowledge of the situation told Reuters on Monday, in efforts to marginally ease liquidity strains across the industry.Chinese authorities have
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