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India’s sugar output to sink to three-year low

Bloomberg Sugar output in India, which vies with Brazil as the world’s top grower, will likely drop to a three-year low next season as dry weather in some main areas of western region cuts planting. Production may slide to less than 30 million metric tons in the year that begins on October 1 from an estimated 31.5 million tons this ...

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Singapore property not set for ‘big bump’

Bloomberg Singapore home prices are unlikely to stage a rapid rebound after the government imposed further property curbs in mid-2018, the finance chief of the city-state’s largest developer said. “If we see a 5 percent increase in home prices I think that will be a pretty good year for the Singapore residential market,” CapitaLand Ltd. Chief Financial Officer Andrew Lim ...

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Huawei controversy opens rift between US and global carriers

Bloomberg A group representing top US mobile service providers disagreed with European and Asian counterparts over alleged security threats from Chinese equipment maker Huawei Technologies Co. ahead of a conference that will highlight a US-Europe divide on the issue. A February 14 release from GSMA, a London-based wireless industry group, urged European lawmakers not to ban Huawei as a supplier. ...

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