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Inpex agrees on framework for US$20b Indonesian LNG project

TOKYO: Japan’s Inpex Corp. agreed on a framework with Indonesia for the US$20 billion Abadi liquefied natural gas project, a key step toward reaching final investment for one of the world’s biggest export ventures.

Japan’s Inpex Corp. agreed on a framework with Indonesia for the US$20 billion Abadi liquefied natural gas project.

Global stocks, Wall St dip as Fed meeting looms

NEW YORK: U.S. stocks ended nominally lower on Friday as investors awaited next week's Federal Reserve meeting for signs of imminent easing, while the U.S.-Iran confrontation in the Gulf of Oman added to geopolitical uncertainty, sending oil prices higher.

The Dow Jones Industrial Average fell 17.16 points, or 0.07%, to 26,089.61, the S&P 500 lost 4.66 points, or 0.16%, to 2,886.98 and the Nasdaq Composite dropped 40.47 points, or 0.52%, to 7,796.66.  MSCI's broad gauge of stocks across the globe shed 0.33%, while the pan-European STOXX 600 index lost 0.40%.

IT was the right decision

TWO years ago, engineering services provider Serba Dinamik Holdings Bhd started to build its information technology (IT) segment and now, the group is well poised to reap the fruits of its labour.

Willowglen eyes LRT3, ECRL jobs

THE change in regime in Putrajaya has allowed more companies to participate in mega projects through the practice of competitive tenders.