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HK developers mull $6bn debt for housing project

Bloomberg A consortium of Hong Kong property firms led by Henderson Land Development Co. is in talks with banks to raise about HK$46 billion ($5.9 billion) via bonds and loans to fund a residential project in the city’s Yau Tong Bay, according to people familiar with the matter. The group also includes Wheelock & Co., New World Development Co., Sun ...

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World’s fastest growing economy chokes on toxic air

Bloomberg Asia’s largest economy, China, has long had a reputation for smoggy skies. But these days, neighbouring India is fighting the far bigger battle with pollution: The South Asian country is home to the world’s 10 most polluted cities. India has long struggled to pull together the type of coordinated national approach that’s helped China reduce pollution. Prime Minister Narendra ...

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Refiners slump as Trump looks to slow-roll shipping fuel rules

Bloomberg US refiners are getting stung by President Donald Trump’s efforts to keep consumer prices from rising in the run up to the 2020 election. The Trump administration is seeking to slow the implementation in 2020 of tighter fuel restrictions on the global shipping industry. The rules, which would slash by more than 80 percent the sulfur allowed in fuel ...

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