Bloomberg A breakneck rally in Asian natural gas spot prices is forcing some importers to halt plans to buy additional shipments of the power plant fuel. North Asia spot liquefied natural gas (LNG) prices are surging towards $40 per million British thermal units, the highest in over three months, on fears of a global supply squeeze, according to traders ...

Hong Kong was never a British colony, schoolchildren in the city will soon be taught. That may come as a surprise to the many parents who remember British governors, the Queen’s head on coins and stamps, and numerous other relics of a 150-year colonial presence. Behind the apparent absurdity is a deadly serious program to inculcate youth with the Communist ...

The beauty industry is having its department store moment: American cosmetics giant Revlon Inc, controlled by billionaire Ron Perelman, filed for voluntary Chapter 11 bankruptcy. The company had assets of $2.3 billion as of late April and total debts of $3.7 billion, Bloomberg News reported. It’s the clearest indication yet of the impact of shifting consumer habits on the beauty ...