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Oz APA seeks to buy distressed US gas pipes

  Bloomberg APA Group Ltd., Australia’s largest natural gas infrastructure business, is seeking to buy distressed pipelines that transport the fuel in the U.S., as it targets expansion opportunities overseas. The Sydney-based company that owns pipelines that transport over half of Australia’s natural gas supplies is seeking U.S. assets as operators there face increasing pressure over whether their contracts with ...

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Singapore reviews venture capital to push startups

  Bloomberg Singapore is reviewing the rules for venture capital firms as it attempts to draw more capital to the country’s financial technology startups, according to the head of Singapore’s central bank. Though Singapore rivals other major fintech centers such as Silicon Valley, London or New York in terms of startup activity and innovation, it still lags behind in terms ...

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China coal swings to profit on steady sales

  Bloomberg China Coal Energy Co. swung to a profit as it maintained steady sales while production and costs fell. Net income during the first half of the year was 225 million yuan ($34 million) from a 1.07 billion yuan loss a year ago, the Beijing-based coal producer said in a statement to the Hong Kong stock exchange. Revenue fell ...

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