Blackstone hits gas as US majors retreat from SE Asia

Blackstone hits gas as US majors retreat from SE Asia

Blackstone and Tamarind talk to FinanceAsia about M&A openings created by North American oil & gas giants retreating from the region.
The OECD's incoming common reporting standards will redraw the tax regime in the city and increase the burden on banks at a sensitive time.
Books open as the Chinese luxury automobile dealership seeks to raise $138 million in listing. The deal is set to price on August 5.
The Chinese state-owned developer opts for traditional keepwell deal due to limitations to Safe’s new cross-border guarantee policy.
A consortium of Citic Capital, Boyu Capital, Canada Pension Plan, KKR and TPG has bid for a 30% stake in Sinopec's retail unit, worth potentially more than $20 billion.
Costs are increasingly unsustainable, given the vast scale of projects and local governments' debt, writes Gloria Lu at Standard & Poor’s.

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