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Noble Group caught out on LNG cargoes

Bloomberg Embattled commodity trader Noble Group Ltd — which is pushing towards the final stages of a complex $3.5 billion debt-for-equity restructuring — reported another quarterly loss, with the result driven by costs from the revamp as well as getting caught out in the LNG market. The energy segment, which consists of liquefied natural gas, coal and oil liquids in ...

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China-backed Asia trade deal pushed to 2019 amid delays

Bloomberg Asian nations gave up hopes of completing a 16-nation trade bloc this year, with Chinese and Australian officials now looking to finalise the deal in 2019. Singapore, which is chairing the 10-member Association of Southeast Asian Nations this year, had pushed for a substantial conclusion to the agreement this year. Known as the Regional Comprehensive Economic Partnership, or RCEP, ...

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Facebook stands firm as S’pore seethes over 1MDB post

Bloomberg Facebook Inc. stood its ground after Singapore called the social media giant unreliable for declining a request to remove a post, which the government had said was false and defamatory. “We have a responsibility to handle any government request to restrict alleged misinformation carefully and thoughtfully, consistent with our approach to government requests around the world,” Facebook said in ...

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