Business
Sunway Healthcare surges 35% in Malaysia’s biggest IPO in years
IPO Proceeds set to fund expansion as medical tourism and demand rise Founder and chairman of Sunway Group, Jeffrey Cheah, center, poses at a listing ceremony of subsidiary Sunway Healthcare Holdings at the Bursa Malaysia stock exchange on Wednesday. (Photo by Norman Goh) KUALA LUMPUR — Sunway Healthcare Holdings surged on its debut on Bursa Malaysia on […]
Samsung looks to lock in longer-term memory chip contracts as prices soar
Semiconductors Chipmaker seeks to extend terms to 3 to 5 years from quarterly or annual Prices for high-bandwidth memory are surging amid a boom in AI demand. © Reuters SUWON, South Korea — Samsung Electronics said that the company would sign long-term contracts with its customers as prices for advanced memory semiconductors for artificial intelligence […]
BHP Americas chief to become new CEO as copper tops profits
Commodities Brandon Craig says miner’s focus will be on organic growth rather than deals Incoming BHP CEO Brandon Craig currently heads its Americas business, where the miner has been expanding its copper and potash production. © Reuters SHAUN TURTON March 18, 2026 09:21 JST Updated on March 18, 2026 14:01 JST CANBERRA — Australia’s BHP […]
Asian governments scramble to secure Russian oil
Iran tensions Temporary lifting of U.S. sanctions allows purchases of previously banned supplies Rosneft’s Russian-flagged crude oil tanker Vladimir Monomakh transits the Bosphorus in Istanbul, Turkey. Asian nations are rushing to try and secure Russian oil after the U.S. temporarily lifted a ban on trading it. © Reuters JOSEPH RACHMAN, SOUMYAJIT SAHA, WATARU SUZUKI BANGKOK/MUMBAI/SHANGHAI […]
Dry Cargo Vessel News Roundup | March 18 – PCTC deliveries, Korean bulker orders and more
Deliveries include two car carriers and a hybrid multi-purpose vessel. A South Korean owner has placed orders for new bulk carriers. Lastly, a UK operator’s newest shortsea-capable has been floated out in the Netherlands. Internal Pages – Super (728×90) – Position 14 ESL Shipping subsidiary takes delivery of 10th hybrid multi-purpose carrier in series Astramar […]
Brazil to negotiate soybean inspection framework after Chinese complaints, minister says
Brazilian Agriculture Minister Carlos Favaro said on Tuesday that the government will negotiate soybean inspection and safety requirements for Brazilian shipments of the crop to China, following complaints from Beijing. Internal Pages – Super (728×90) – Position 14 Favaro said Brazil had not eased inspections in recent days, denying reports by local media that the […]
USS Gerald R Ford, deployed in war with Iran, to go to port temporarily after fire
The US aircraft carrier Gerald R Forddeployed in operations against Iran, is expected to temporarily pull into port after a fire on board, US officials said on Tuesday, the 18th day of the war with Tehran. Internal Pages – Super (728×90) – Position 14 The carrier, America’s newest and the world’s largest, is currently located […]
Elliott Investment Management takes “significant” stake in Mitsui OSK
Elliott Investment Management has taken a “significant” stake in Mitsui OSK Lines and is pushing the shipping company to improve shareholder returns and capital efficiency, according to two sources familiar with the matter. Internal Pages – Super (728×90) – Position 14 The hedge fund believes Mitsui OSK should conduct a review of its real estate […]