China resumes spot LNG purchases to take advantage of price drop

China resumes spot LNG purchases to take advantage of price drop

The move is a u-turn for Chinese LNG buyers, which had reduced imports and resold shipments because expensive gas was not attractive to a weaker domestic market Published Mon, May 5, 2025 · 01:51 PM [SINGAPORE] Chinese firms are purchasing liquefied natural gas (LNG) shipments from the spot market, a reversal of months of relative…

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Kamala Harris’s stepdaughter Ella Emhoff backs socialist candidate Zohran Mamdani for NYC mayor

Kamala Harris’s stepdaughter Ella Emhoff backs socialist candidate Zohran Mamdani for NYC mayor

Ella Emhoff, the stepdaughter of failed presidential candidate Kamala Harris, officially backed Democratic socialist candidate Zohran Mamdani for New York City mayor on Sunday ahead of his rally at Brooklyn Steel. The 25-year-old fashion designer and Brooklyn resident showed support for the card-carrying Democratic Socialists of America member the same evening hundreds of millennials and…

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Adani aides meet Trump team to push for end to US bribery case 

Adani aides meet Trump team to push for end to US bribery case 

Published Mon, May 5, 2025 · 01:14 PM REPRESENTATIVES for Indian billionaire Gautam Adani met officials from US President Donald Trump’s administration to seek dismissal of criminal charges in an overseas bribery probe, Bloomberg News reported on Sunday. Shares of Adani Group’s nine listed companies rose between 0.4 per cent and 5.3 per cent in…

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Malaysia plans cargo rail link to Bangkok to boost trade

Malaysia plans cargo rail link to Bangkok to boost trade

Published Mon, May 5, 2025 · 12:11 PM [KUALA LUMPUR] Malaysia is planning to start a direct rail cargo service between its capital Kuala Lumpur and Bangkok in neighbouring Thailand this year to boost bilateral and regional trade, state media reported, citing the transport minister. Transport Minister Anthony Loke said the cabinet and prime minister…

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Wing Tai’s Amara foray may not help its own minorities

Wing Tai’s Amara foray may not help its own minorities

[SINGAPORE] Minority shareholders of hotel and property group Amara Holdings who did not accept an earlier offer by Amethyst Assets, which closed in early 2024, have reason to cheer. Last week, Amara’s minority investors received a far superior voluntary conditional general offer at S$0.895 per share from DRC Investments, compared with the S$0.60 per share…

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