Ang Eng Siong, 33, has been promoted every year since he completed Oversea-Chinese Banking Corp.’s management associate program in 2010, when he was put in charge of two older, higher-ranked colleagues.
Liquefied natural gas prices for Northeast Asia were unchanged for a second week as buyers faced less competition from Latin American users for short-term cargoes, according to Energy Intelligence Group.
Blackstone Group LP, which has put $1 billion of equity this year into Asian real estate, says it’s poised for more deals in the region as maturing funds sell assets and banks retreat amid new regulations.
The biggest U.S. oil boom in almost a quarter century is prompting refiners in the Gulf of Mexico to book the most tankers since at least 2011 to ship products to Asia, signaling a monthly record in cargoes.
The foreign policy strategy emerging from China’s new leadership may include a series of incremental steps calibrated to blunt U.S. influence across Asia and sow doubt about America’s commitment to its allies in the region.
Merlin Entertainments Plc, the private-equity backed owner of Madame Tussauds, will invest about S$20 million to develop attractions in Singapore, including a new Madame Tussauds wax museum, as rising income in Asia fuels consumer spending on leisure activities and entertainment.