Bloomberg Owners of PT Triputra Agro Persada, including Singapore’s sovereign wealth fund GIC Pte, are exploring a possible sale of the Indonesian palm oil producer, people with knowledge of the matter said. Shareholders including Northstar Group have asked banks to pitch for a role advising the firm on options that also include an initial public offering, said the people, who ...

Bloomberg Shares in Tencent Holdings Ltd. jumped 4.5 percent after Chinese media reported that regulators have resumed approving games, signaling a potential end to a hiatus that’s chilled the world’s biggest gaming industry. Tencent and peers from South Korea to Japan spiked after the official China Securities Journal reported that regulators had reviewed and passed an initial batch of online ...

Bloomberg After years of wildfires linked to power lines, a deadly explosion and accusations of falsified safety records, California utility owner PG&E Corp is facing a deterioration of trust among state leaders. The California Public Utilities Commission has begun a formal process to evaluate whether PG&E’s Pacific Gas and Electric utility should be split into separate electric and gas companies, ...