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Singapore’s GLP shortlists at least 3 bidder groups

  Bloomberg Global Logistic Properties Ltd. has shortlisted at least three groups in the bidding for the Singapore-based warehouse operator, people with knowledge of the matter said. GLP invited a management-backed consortium that includes Chinese investment firms Hillhouse Capital Management and Hopu Investment Management to study detailed information on the business, the people said, asking not to be identified as ...

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Japan’s industrial output falls for first time in 6 months

  Bloomberg Japan’s industrial production fell for the first time in six months in January, raising questions about the sustainability of Japan’s export-driven growth in the second half of 2016. Retail sales rose. Industrial production fell 0.8 percent in January from a month earlier (forecast +0.4 percent). Output is forecast to rise 3.5 percent in February and drop 5 percent ...

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Escondida deal hopes fade over contradicting views

  Bloomberg Copper traders were left confused over the state of play at the world’s top copper mine: the owner said wage talks had resumed, while the union said striking workers have had no contact with management for a week. “The good news is that we are back around the table and things are starting to come together in some ...

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