Serene Cheong
Journalist at Bloomberg News
Bloomberg - Oil Trading (Asia) Team Leader Retweets and likes are not endorsements Email: [email protected]
Articles
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1 week ago |
bloomberg.com | Serene Cheong |Chandra G. Asmara |Nicholas Lua
Motorists and cars queue at a PT Pertamina gas station in Jakarta, Indonesia, on Saturday, Dec. 7, 2024. Budget pressures are forcing governments across Southeast Asia to rethink fuel subsidies, risking political backlash and another inflation blow to their economies. Photographer: Dimas Ardian/Bloomberg(Bloomberg) -- Indonesian investigators have invited Singapore-based oil traders to meet in the city-state next week as part of a $12 billion corruption probe into state-owned oil firm PT Pertamina.
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1 week ago |
financialpost.com | Nicholas Lua |Serene Cheong
Chinese plastics factories left without US raw material when trade relations collapsed earlier this year are holding back from returning to many of those suppliers despite a pause in hostilities, underscoring the difficulty in restoring commercial ties between the world’s two largest economies.
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1 week ago |
bloomberg.com | Nicholas Lua |Serene Cheong
(Bloomberg) -- Chinese plastics factories left without US raw material when trade relations collapsed earlier this year are holding back from returning to many of those suppliers despite a pause in hostilities, underscoring the difficulty in restoring commercial ties between the world’s two largest economies. Beijing’s retaliation to President Donald Trump’s so-called reciprocal tariffs effectively made American energy sales to China unviable, including the propane used to make plastics.
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1 week ago |
flipboard.com | Nicholas Lua |Serene Cheong
NowSweden-based car maker Volvo Cars says it will cut around 3,000 jobs as part of its cost-cutting measures. The firm says the layoffs will mainly impact office-based positions in Sweden, representing about 15% of its white collar workforce. Last month, Volvo Cars, which is owned by Chinese group Geely …
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2 weeks ago |
financialpost.com | Nicholas Lua |Serene Cheong |Chandra G. Asmara
Article content(Bloomberg) — Indonesian authorities have contacted a number of Singapore-based trading companies to request their cooperation in a $12 billion corruption probe involving state-owned oil giant PT Pertamina. Sign In or Create an AccountArticle contentWe apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team.
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Plane Tickets Could Become More Expensive as Chinese Start Traveling Again - Bloomberg https://t.co/HILIbkQPSf #china #Asia #Travel #Oil #Jets #inflation
Chinese companies are expected to scoop up discounted Russian crude oil, potentially repeating a pattern seen when Iran and Venezuela were hit by U.S. curbs. #oott #crudeoil #RussiaUkraine @cangsizhi @sarahchen https://t.co/VjFUe6qoel
Saudi Arabia will probably raise the price of its main oil grade to a record for next month’s shipments to Asia, according to a Bloomberg survey, as importers rush to secure supplies following Russia’s invasion of Ukraine. @iamsharoncho @cangsizhi @sarahchen #oott #CrudeOil #opec