Bloomberg The parent company of Gree Electric Appliances Inc is considering selling almost all of its stake in the Zhuhai-based Chinese appliance giant in a deal that could be worth up to $6.4 billion. A 15 percent stake will be sold at a price no less than the average stock price of the last 30 trading days, Gree Electric said ...

Bloomberg Singapore’s financial regulator said it hasn’t uncovered any impropriety by DBS Group Holdings Ltd in arranging the sale of securities by troubled Singaporean water and power company Hyflux Ltd in 2016. DBS, Southeast Asia’s biggest lender, complied with regulatory requirements as both manager and distributor of the perpetual securities, the Monetary Authority of Singapore said. Hyflux scrapped a pact ...

Bloomberg One of China’s top commodity traders, Tewoo Group, is selling copper at below market rates as it grapples with a liquidity crunch, according to people with knowledge of the matter. The company, which is owned by the local Tianjin government, is offloading some refined copper stocked in bonded zones as it unwinds financing deals with some banks, said the ...