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ANALYSIS-Iran slips record volume of oil into China, reaches out to Asian clients for trade resumption
Iran has quietly moved record amounts of crude oil to top client China in recent months, while India's state refiners have added Iranian oil to their annual import plans on the assumption that U.S. sanctions on the OPEC supplier will soon ease, according to six industry sources and Refinitiv data
The industry is aware of the risks despite recovery
NEW YORK is the place where more startups – from electric vehicle (EV) battery makers to flying cars – have gone public by way of the boom in SPACs, or special purpose acquisition companies.
KUALA LUMPUR: Malaysia recorded RM164bil in approved investments through 4,599 projects in the manufacturing, services and primary sectors in 2020, with China as the top investor, according to the Malaysian Investment Development Authority’s (Mida) data.
KUALA LUMPUR: Nine Dragons Paper (Holdings) Ltd, the largest paperboard producer in Asia, is investing RM5.4bil into two manufacturing facilities in Malaysia.
KUALA LUMPUR: China’s Nine Dragons Paper (Holdings) Ltd will invest up to RM5.40bil, involving the acquisition of a mill, and a factory to focus on paper products in Malaysia, endorsing the country’s attractive investment environment and business friendly policies.
LONDON: Junk-rated companies owned by private equity firms are tapping environmental, social and governance (ESG) narratives to cut borrowing costs. Debt investors worry about being played.