Markets

Asia syndicated loan pricing seen rebounding from decade low

By BLOOMBERG
HONG KONG • Asia’s corporations, which are enjoying the lowest borrowing costs from the syndicated loan market since the global financial ...

Saudi-Russia oil powerhouse faces big test as prices crash

Crude has collapsed by more than 30% and Saudi Arabia is urging Russia to collaborate in cutting production again
By BLOOMBERG ...

StanChart to weigh simpler structure to control costs

By BLOOMBERG
LONDON • Standard Chartered plc (StanChart) is weighing a plan to simplify its structure as the emerging markets lender looks to control ...

Slump in China is a further hurdle for GM

By BLOOMBERG
BEIJING • General Motors Co’s (GM) attempt to rejuvenate its business once again is made more difficult by a dramatic slowdown in the ...

China to designate more institutions as important

Firms will be subject to extra capital requirements, and may face rules on leverage, risk exposure and information disclosure
...

India to push RBI to lift lending curb on banks

By BLOOMBERG
NEW DELHI • The Indian government will push its central bank to ease lending restrictions for some weak banks and review rules governing ...

Corporate results: UOA, TIME, Sime Darby Property, PetDag, Magnum

UOA Dev’s 3Q profit at RM92m UOA Development Bhd’s net profit for the third quarter ended Sept 30, 2018 (3Q18) decreased marginally to RM92.16 ...

Brevan Howard Asia fund said to post best returns in 5 years

By BLOOMBERG
HONG KONG • The Brevan Howard Asia Fund bucked a difficult October for macro funds, and is posting its best return in five years, ...

Saudi’s daily output reaches record as Trump presses for cheaper oil

By BLOOMBERG
LONDON • Saudi Arabia is pumping more crude than at any time since its first barrel was extracted 80 years ago, responding to pressure ...

Global economy heads into final stretch with diminished momentum

By BLOOMBERG
ZURICH • The global economy headed into the final stretch of 2018 in weakened shape, handing investors renewed reason to question how much ...

LNG import boom seen as no relief for Australian gas prices

By BLOOMBERG
SYDNEY • Plans in Australia to import gas to ease a supply squeeze may fail to bring down domestic prices as it pits the nation against ...

Jewellers find exports tough as India bank fraud squeezes credit

By BLOOMBERG
MUMBAI • India’s jewellery exporters expect tighter lending to douse any recovery in overseas sales this year, stoking fears that buyers ...