Syngenta Group’s planned $5 billion Hong Kong initial public offering is facing delays as the seed and pesticide company waits for better conditions in the agriculture sector, according to people familiar with the matter.
Asian liquefied natural gas prices rose to the highest since late March as fresh hostilities in the Middle East deepened concerns that shipping through the key Strait of Hormuz will remain disrupted for longer.
A major Chinese bond regulator is taking fresh steps to curb debt sales by the nation’s municipal borrowers, according to people familiar with the matter, adding pressure on weaker issuers looking to refinance notes.
Wheat futures held gains after jumping 5% on Wednesday, as Ukrainian and Russian strikes in the Black Sea threatened a key export route for the warring countries.
Local mutual funds bought Adani Enterprises shares worth 46.60 billion rupees last month.
A measure of sterling’s strength rose to its highest level in a year on Wednesday following reports that incoming UK Prime Minister Andy Burnham will name Shabana Mahmood as his Chancellor of the Exchequer.
India increased taxes on exports of diesel and aviation turbine fuel as the collapse of the US-Iran interim peace deal and renewed hostilities have choked oil flows again tightening global fuel markets.
