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HONG KONG: Li Ka-shing, Hong Kong’s richest man, is unwinding a bet he placed on oil more than three decades ago by paring his group’s stake in Husky Energy Inc, a Canadian asset dealing with mounting losses.
AFTER years of focusing on US shale, Chevron Corp is staking its natural gas future on the Middle East where energy majors have long tread warily.
Six years ago Scotland voted by a 10-point margin to stay part of the UK. Yet the last nine consecutive opinion polls show the backing for leave as high as 58%, and averaging at 53%.
IT’S perplexing to see small companies having stakes in other small companies. Rarely do such acquisitions add value to shareholders of either companies
IN South Korea, some of the world’s biggest food delivery firms are scrambling to surf an estimated US$4bil wave of new orders, contracting thousands of new riders in a boom triggered by the scourge of the global economy – the coronavirus pandemic.
SEOUL: Shares of Big Hit Entertainment Co, the company behind South Korean boy band BTS, begin trading this week.
SHANGHAI/BEIJING: Domestic tourism in China saw a robust rebound over the just-ended Golden Week holiday, encouraged by the country's success in stamping out the novel coronavirus, although levels were still well short of last year.
KLONG SAI PATTANA, Thailand: Somruedee Bunthonglek has not repaired the bullet holes in the pickup truck her husband was driving when he survived an assassination attempt barely a year after her father was shot dead on the same communal farm in southern Thailand.