Bangkok / DPA Mitr Phol Group, Thailand’s biggest sugar and bio-energy producer, has budgeted 50.4 billion baht (US$1.43 billion) to invest in five major areas between now and 2020: sugar, renewable energy, wood-substitute materials, overseas ventures, and logistics. President and chief executive officer Krisda Monthienvichien-chai told a news conference on the weekend that 28 billion baht would be spent on ...

Beijing / Bloomberg A Chinese steelmaker whose chairman was found dead by hanging last month defaulted on bonds a second time in two weeks. Dongbei Special Steel Group Co., based in the northeastern city of Dalian, said it missed payment on 1.01 billion yuan ($156 million) of principal and interest on notes due Tuesday, according to a statement posted on ...

Bloomberg International Monetary Fund Managing Director Christine Lagarde said she intends to negotiate “in good faith” with the Greek government, signaling that recent animosity over the latest review of the country’s aid program will blow over. “We continue to be focused on addressing the Greek situation,” Lagarde said in an interview in Frankfurt on Tuesday with Bloomberg Television’s Francine Lacqua. ...