Bloomberg Singapore’s second-largest property developer is offering to buy out shareholders of Millenium & Copthorne Hotels Plc in a deal that would value the company at $2.84 billion. City Developments Ltd said in a statement that it has made a final offer for the London-traded hotel chain at 685 pence per share, representing a 37 percent premium to this week’s ...

Bloomberg Now comes crunch time for Tencent Music Entertainment Group insiders and early backers who have to decide on Monday whether or not to cash out of the Chinese music entertainment service when its 180-day lockup expires. The decision is made more torturous by a 34 percent decline in the stock since a peak in mid-March. For some insiders and ...

Bloomberg The southwest monsoon, which waters more than half of India’s farmland, arrived in the country’s southern coast more than a week later than normal. Monsoon showers reached Kerala on Saturday, said Mrutyunjay Mohapatra, additional director general of Meteorology at India’s Meteorological Department. The department in May had predicted a June first week onset for the June-September rainy period. The ...