2 Chinese men convicted in Singapore’s largest money laundering case deported to Cambodia
Two men convicted in Singapore’s largest money laundering case were deported to Cambodia on Monday.
Operation asian news
Private equity firms circle Peloton for potential buyout
A number of private equity firms have been considering a buyout of Peloton as the connected fitness company looks to refinance its debt and get back to growth after 13 straight quarters of losses, CNBC has learned.
Former head of one of China’s top state-owned phone companies sentenced to 16 years for corruption
BEIJING (AP) — A Chinese court sentenced the former head of one of the country’s three major state-owned phone carriers to 16 years in prison Tuesday on charges of accepting bribes and abusing his authority, part of leader Xi Jinping’s politically-tinged anti-corruption campaign.
Oil falls as course of Gaza war remains uncertain, while cease-fire talks hang in the balance
Crude oil futures fell Tuesday as the course of the war in Gaza remains uncertain.
Amazon to invest $9bn in Singapore to boost cloud computing
SINGAPORE -- Amazon Web Services on Tuesday said it will invest 12 billion Singapore dollars (around $9 billion) to expand its cloud infrastructure in Singapore, joining rival U.S. tech giants investing in the fast-growing Southeast Asian digital market.
Saudi Aramco upholds dividend despite drop in first-quarter profits
Saudi Aramco's first-quarter net profit fell 14% year-on-year amid lower oil prices and production.
In Indonesia, Bali’s salt farmers are a dying breed, who harvest ‘white gold’ in dark sands
As is the tradition, he balances them on a pole that rests heavily across his shoulders, and then pours the contents with deliberate care into the dark sand.
Exxon CEO says dispute with Chevron over Hess Guyana oil assets could drag into 2025
Exxon CEO Darren Woods said Monday that the dispute with Chevron over Hess Corporation's oil assets in Guyana likely will not be resolved until 2025.