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Japan's JERA to buy 25.7per cent stake in Freeport LNG for US$2.5 billionTOKYO : Japan's JERA, the world's biggest individual buyer of liquefied natural gas (LNG), said on Monday it will by a 25.7per cent stake in Freeport LNG Development (FLNG) for about US$2.5 billion.FLNG operates the Freeport LNG project in Texas, which has three liquefaction units, known as trains, and is
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Samsung's Lee visits U.S ahead of likely US$17 billion chip plant decision: mediaSEOUL : Samsung Electronics vice chairman Jay Y. Lee is visiting North America in his first high-profile trip after serving jail time for bribery, with a decision imminent on Samsung's planned US$17 billion U.S. chip plant. Lee left Seoul on Sunday and his trip to Canada and the United States is expected
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Temasek-linked consortium hikes bid for Singapore Press Holdings to US$2.88 billionCuscaden Peak, a consortium linked to Singapore state investor Temasek Holdings, has raised its bid for media and real estate company Singapore Press Holdings Ltd (SPH) to about S$3.9 billion (US$2.88 billion), the companies said on Monday (Nov 15). Cuscaden\u0027s new offer, of S$2.4 per SPH share, is a near 1 Bailout media
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Abandoning Covid-zero: How long will China maintain its fortress-like approach?HONG KONG — As China enters another winter with Covid-19, there is no sign that the coronavirus that causes the disease is going away. There is also no sign that the country will ease its reliance on “zero-tolerance” tight controls and restrictions to contain the spread within its borders. China got the manpower and resources. always they can close forever
Source: TODAYonline - 🏆 1. / 99 Read more »
China state planner says approved four fixed asset investments in OctoberBEIJING : China's state planner the National Development and Reform Commission said it approved four fixed-asset investment projects worth 15 billion yuan (US$2.35 billion) in October, according to a spokesperson on Tuesday.(US$1=6.3809 Chinese yuan renminbi) (Reporting by Gabriel Crossley
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
SoftBank-backed Policybazaar rises 27per cent in India market debutBENGALURU :PB Fintech Ltd, the SoftBank-backed parent of online insurance aggregator Policybazaar, rose as much as 27per cent in its market debut on Monday, with investors betting on an under-penetrated insurance market in the country.Shares of the company opened 17per cent higher than the IPO (initial public
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »