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China to allow onshore bond buying via Hong Kong this year

  Bloomberg China will allow investors to buy mainland bonds in Hong Kong this year, Premier Li Keqiang said at a briefing on Wednesday, adding to recent moves to ease access to the nation’s debt market. Policy makers will allow overseas funds to buy onshore bonds in transactions carried out in Hong Kong, Li said on Wednesday at a press ...

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Mitsubishi taps Rothschild for Australia mine stake

  Bloomberg Mitsubishi Corp., Japan’s biggest trading house, has hired Rothschild to sell its minority stake in an Australian thermal coal mine, according to people with knowledge of the matter. Mitsubishi is sending preliminary information to potential buyers for its 31.4 percent holding in the Clermont mine in Queensland state, according to the people. It will shortly seek expressions of ...

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Sembcorp says India payment delays raising developer costs

  Bloomberg Sembcorp Industries Ltd. said recurring payment delays by Indian electricity retailers are piling on costs to operators and are bad for the renewable power business it wants to build. Payment delays risk “affecting development of the sector,” Sembcorp India Chief Executive Officer Vipul Tuli said in an interview in New Delhi. The local unit of the Singaporean conglomerate, ...

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