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KrisEnergy exploring options as debt covenants come under stress

  Bloomberg The energy collapse continues to rack up victims in Singapore. This time it’s KrisEnergy Ltd., an oil and gas producer that said on Sunday it is exploring equity issuance, refinancing and asset sales to strengthen its capital structure as its debt covenants may come under stress. The announcement came just weeks after oil services firm Swiber Holdings Ltd. ...

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India seeks to expand biofuels market to $7.5bn by 2022

  Bloomberg India is targeting a more than sevenfold expansion in its biofuels market over the next six years, stepping up the country’s efforts to cut its reliance on energy imports. Blending five percent of biodiesel with regular diesel and 10 percent ethanol with gasoline could boost the market to 500 billion rupees ($7.5 billion) by 2022, from about 65 ...

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Cities in China tighten home-buying rules

  Bloomberg Two cities in China’s eastern Jiangsu province unveiled a package of measures designed to stem a surge in property prices, as more local policy makers are gearing up to cool overheating home markets. Nanjing, Jiangsu’s provincial capital, and Suzhou, a regional manufacturing base that’s a 30-minute train ride from Shanghai, will raise down-payment requirements for some buyers of ...

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