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Firms fleeing Hong Kong look to Singapore

Bloomberg Almost a quarter of businesses in a new survey are thinking of leaving Hong Kong to escape ongoing protests, with most looking to Singapore as their favoured location. Some 23 percent of surveyed companies with an office in Hong Kong are considering moving business functions from the city, while 1 percent already have plans to relocate, according to the ...

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HK protests: Property hunters grab bargains

Bloomberg It looked like the perfect investment opportunity. A mostly vacant shopping center with scant competition serving a middle-class neighbourhood far from Hong Kong’s city centre. With a makeover, Wang Tse thought, there could be good foot traffic, but the asking price was too high. That was in 2017, and property tycoon Li Ka-shing had just sold a skyscraper for ...

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Nigeria LNG in talks with lenders for $10bn loan

Bloomberg Nigeria LNG Ltd., the operator of Africa’s largest natural gas plant, is in talks with lenders to finance a $10 billion expansion. The company is discussing with the country’s top-10 lenders including Guaranty Trust Bank Plc and Zenith Bank Plc, to raise as much as $2 billion, and with foreign lenders and export-credit agencies for the balance, Chief Executive ...

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