KUALA LUMPUR / Reuters Malaysia’s state energy firm Petronas may try shorter-term LNG contracts and smaller cargo sizes to entice buyers, senior company officials said, at a time when it has major contracts coming up for renewal and the market is awash in supply. The liquefied natural gas (LNG) marketing drive at Petroliam Nasional Berhad, or Petronas, coincides with rising ...

Bloomberg China is setting its sights on US energy as a growing reliance on imports forces it to look beyond traditional suppliers, according to the head of the country’s biggest oil and gas company. China National Petroleum Corp. will import more crude oil and natural gas from US and will consider participating in America’s growing liquefied natural gas export industry, ...

Bloomberg Developers’ hunger for Singapore land is adding to signs that the city’s housing market is making a comeback after three years of price declines. As new home sales surge after an easing of property restrictions in mid-March, developers are becoming more aggressive in bidding at land auctions. On average, they’ve paid a 29 percent premium, the highest level in ...

Bloomberg The Samsung brand is best known for its smartphones and wide-screen TVs. Yet behind the scenes, the conglomerate is also making a name as a contract manufacturer of complex medicines to treat diseases like cancer. On a piece of reclaimed land along the western coast of South Korea, Samsung BioLogics Co. is building a $740 million factory that will ...

Bloomberg After a savage three-day sell-off, Noble Group Ltd. shares climbed on Tuesday even as Moody’s Investors Service joined S&P Global Ratings in highlighting the embattled commodity trader’s finances, saying that estimated liquidity isn’t sufficient to cover debt due by mid-2018. Moody’s said that while the liquidity headroom, including cash and unused committed facilities, was $2.4 billion at end of ...

Bloomberg The Great Asian Export Spurt may be about to end, replaced by a stretch of merely good exports. Demand from both Chinese consumers and manufacturers, a key driver for an unexpected jump in Asian exports so far this year, is likely to moderate as Beijing shifts focus toward economic re-balancing, and corporate China slows a massive inventory buildup, Credit ...

Bloomberg There’s a blame game brewing over who’s responsible for the massive cyberattack that infected hundreds of thousands of computers. Microsoft Corp. is pointing its finger at the US government, while some experts say the software giant is accountable too. The attack has affected computers in more than 150 countries, including severe disruptions at Britain’s National Health Service. The hack ...

Bloomberg The economies of the European Union’s eastern members probably got off to a quick start in 2017 as resumed flows of the bloc’s aid and reviving demand from the euro area, combined with household spending, gave them the edge over the rest of the EU. Preliminary gross domestic product data will show first-quarter expansion accelerated from the previous three ...

Bloomberg Waymo won a ruling that may strengthen its trade-secrets suit against Uber Technologies Inc. even as the Alphabet Inc. unit fell short of its goal to bring its rival’s driverless-car program to a standstill. US District Judge William Alsup approved of Uber’s move last month to demote the engineer leading its self-driving unit to keep him away from related ...

Bloomberg European car sales fell the most in four years in April as the shift of Easter from March reduced buyers’ time for shopping, while registrations in the UK were further sapped by tax changes. With at least two fewer selling days compared with a year ago, industrywide registrations dropped 6.8 percent to 1.23 million vehicles last month, according to ...