ABU DHABI / WAM H.H. Sheikh Tahnoon bin Zayed Al Nahyan, Deputy Ruler of Abu …
Read More »Singapore Banks can’t be relaxed about rig-building woes
Bloomberg It’s not clear how much of Singapore’s bad loans for 2015, the highest since 2009, are due to low commodity prices, because banks don’t give a detailed industry breakdown of their assets. Given the city’s focus on becoming a global rig-building hub, chances are there’s a link. Another report Monday from Sembcorp Marine, the world’s second-largest maker of offshore …
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