Bloomberg HNA Group Co., the acquisitive owner of China’s fourth-largest airline, has approached the biggest shareholder of CWT Ltd. to express interest in a possible bid for control of the Singapore logistics company, people with the exact knowledge of the matter said. The Loi family that controls CWT will discuss HNA’s interest in coming days and could enter exclusive ...

  San Francisco / AFP Online retail colossus Amazon has boosted its fledgling air cargo service as it moves to gain more independence from freight firms for delivery of online purchases. Atlas Air Worldwide Holdings will provide air cargo services to Amazon, which also obtained an option to buy a stake in the New York-based company, the companies said in ...

  Bloomberg Hong Kong property stocks were downgraded by Goldman Sachs Group Inc., which predicts a 20 percent decline in home prices as borrowing costs rise. The drop will be “driven chiefly” by a potential 150 basis points to 200 basis points increase in interest rates and the “limited prospect of any loosening of government cooling measures in the near ...