Bloomberg It looked like the perfect investment opportunity. A mostly vacant shopping center with scant competition serving a middle-class neighbourhood far from Hong Kong’s city centre. With a makeover, Wang Tse thought, there could be good foot traffic, but the asking price was too high. That was in 2017, and property tycoon Li Ka-shing had just sold a skyscraper for ...

Bloomberg Nigeria LNG Ltd., the operator of Africa’s largest natural gas plant, is in talks with lenders to finance a $10 billion expansion. The company is discussing with the country’s top-10 lenders including Guaranty Trust Bank Plc and Zenith Bank Plc, to raise as much as $2 billion, and with foreign lenders and export-credit agencies for the balance, Chief Executive ...

Bloomberg India is considering a plan to sell the nation’s second-largest state refiner and fuel retailer to a global oil company as it explores options to give up its controlling stake in Bharat Petroleum Corp., people with knowledge of the matter said. The government is keen to lure multinational companies in the domestic fuel retailing to boost competition and shake ...