Bloomberg Stresses among Singapore’s oil and gas companies are deepening, the head of Southeast Asia’s second-largest lender said, signaling that more firms grappling with the slump in energy prices may face difficulties repaying their debts. “I don’t think the oil and gas sector is in a situation where it is in a recovery mode yet, and continues to be ...

  Bloomberg Profits of China’s industrial corporations are holding up this year thanks to a boost from steel and refining, even as last month’s earnings slowed from a three-year high. Industrial profits in January-September rose 8.4 percent from a year earlier to 4.64 trillion yuan ($685 billion), the National Bureau of Statistics said Thursday. Earnings last month rose 7.7 percent ...

  Bloomberg New Zealand has overtaken Singapore as the best country in the world to do business, according to the World Bank. Singapore slipped to second in the bank’s 2017 “ Doing Business” report after topping the ranking for a decade. Finland dropped out of the top 10, falling to 13th. Macedonia, which placed 92nd a decade ago, improved two ...