Bloomberg China Merchants Group is in talks to invest in port assets owned by French shipping company CMA CGM as the state-owned firm seeks to diversify geographically and boost capacity, people familiar with the matter said. China Merchants is considering spending at least several hundred million US dollars on the potential transaction, according to the people, who asked not to ...

Bloomberg Singapore needs to remain open to skilled foreign workers, especially in the technology sector, in order to ensure the economy stays a globally competitive one, the nation’s trade minister said. The city-state can’t afford to take an “inward-looking, protectionist approach” like some countries that have put up barriers to protect local industries and workers, Minister for Trade & Industry ...

Bloomberg Hurricane Dorian, tied as the most powerful storm to hit land anywhere in the Atlantic, battered the Bahamas inflicting colossal damage to property and infrastructure across the chain of islands. The hurricane was packing winds with maximum sustained speeds of 165 mile-per-hour and a storm surge that could top 23 feet, potentially leaving the islands devastated for years. The ...