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China's Hengyi Petrochemical Co. will embark on a long-planned expansion of its Brunei oil refinery, more than doubling its capacity in the country and intensifying competition in global markets for fuels and plastics....
Brunei's sovereign wealth fund pulled money from an investment in a Bridgewater Associates strategy to buy an almost 20% stake in the hedge fund manager's holding company — a move that has helped spur higher gains for other institutional investors....
Latest threats heighten fears that Trump's erratic trade strategy risks exacerbating inflation across the USUS politics live – latest updatesDonald Trump continued to fire off letters threatening steep US tariffs on foreign exports, targeting countries including Brunei, Libya and Moldova.The US president had been scheduled to hike tariffs on dozens of countries today. Earlier this week he announced a fresh three-week delay, to 1 August, but started announcing new rates that countries would face unless they strike a deal with the White House. Continue reading......
Brunei's Sultan Hassanal Bolkiah was hospitalized in Kuala Lumpur on Tuesday due to fatigue, Malaysian Prime Minister Anwar Ibrahim told reporters during the closing of a regional summit....