Singapore-based Petra Foods Ltd. said its cocoa processing plants are still operating before a proposed acquisition by Barry Callebaut AG, the world’s biggest maker of bulk chocolate and a supplier to Nestle SA.
Residual-fuel inventories in Singapore, Asia’s largest oil-trading and storage center, rose for a second week to the highest level in two months, according to a unit of the Ministry of Trade and Industry.
Goldman Sachs Group Inc. made about $500 million arranging three bond sales in the past year for 1Malaysia Development Bhd., the state investment fund led by Prime Minister Najib Razak, said a person familiar with the matter.
U.S. 30-year yields dropped from the highest in a month amid speculation rates near 3 percent and falling inflation expectations will attract investors when the nation sells $16 billion of bonds today.
Mirvac Group, Australia’s third- biggest diversified property trust by assets, will focus on high-quality offices and housing in inner suburbs of major cities, and new investment partnerships to increase returns.
Philippine President Benigno Aquino said China may harm relations with its trading partners if it fails to respect a United Nations-backed arbitration ruling over its claims in disputed waters with oil and gas reserves.