asia news

LeightonÔÇôBoskalis consortium awarded Shell contract

Leighton Offshore, in consortium with Boskalis Offshore, has been awarded a transportation, installation and dredging contract by Shell Eastern Petroleum.

Singapore Airlines looks set to sell its stake in Virgin

China is just the remedy for Nestle

The world’s largest food group, Nestle, has announced a deal to develop treatments based on traditional Chinese medicines. 

Growth targets for the Philippines remain on track

Indian oil exporter ONGC expanding into Kazakhstan

Oil and Natural Gas Corporation (ONGC), India’s biggest oil exporter, has announced that it will buy ConocoPhillips’s 8.4 percent stake in Kazakhstan’s Kashagan project.

Platts reports oil demand growth in China

According to a recent report, China's apparent* oil demand rose 6.6 percent year over year in October to 41.28 million metric tons (mt), or an average 9.76 million barrels per d

Manufacturing pick-up brings more good news for China

November has brought with it fresh optimism for China’s economy with a report by HSBC saying that the country’s manufacturing activities continue to expand.

Sinopec acquires stake in Nigerian oil asset

Chinese state-owned oil company Sinopec are to purchase a 20 percent stake of one of Total’s Nigerian oil assets at a cost of $2.5 billion.

Land Rover accelerates into China

UK-based luxury carmaker, Jaguar Land Rover (JLR) is to make vehicles in China for the first time in its history.

China dangles a financial carrot in front of foreign investors

In a bid to spur a fresh wave of economic growth in the country, China has announced that it will give foreign investors more access to its financial markets.

China Investment Corporation check-in with Heathrow Airport Holdings purchase

In what is a clear display of the closer business ties that have been developing been China and the UK, China Investment Corporation (CIC) has bought a ten percent stake in Heat

Foxconn profits from AppleÔÇÖs success

Singapore Airlines acquires a stake of Virgin Australia