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Tencent to increase size of syndicated loan to $4.4bn

  Shanghai / Bloomberg Tencent Holdings Ltd., Asia’s biggest Internet company, is increasing the size of a syndicated loan to $4.4 billion, people familiar with the matter said. The operator of the WeChat and QQ instant message systems now has commitments from 25 lenders to the facility, according to the people, who asked not to be identified because the details ...

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Several hurt by turbulence on Malaysia flight

Kuala Lumpur / AFP An unspecified number of passengers and crew were injured when a Malaysia Airlines flight from London to Kuala Lumpur was hit by severe turbulence, the carrier said, as photos emerged showing a cabin strewn with debris and upended meal carts. The trouble-prone national flag carrier, which is still trying to shake the stigma of the double ...

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South China Sea casts shadow over crucial USA-China talks

  Beijing / AFP President Xi Jinping said China and the US needed to trust each other more as both sides sought to minimise tensions over the South China Sea at the opening on Monday of key annual talks in Beijing. China claims nearly all of the strategically vital sea despite competing claims by several Southeast Asian neighbours, and has ...

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