‘Don’t jump to conclusions’: China needs balance amid US, EU overcapacity
fears
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China must find supply and demand balance amid US, EU overcapacity
concerns, ex-Beijing adviser saysChina should be mindful of risks from
overcapacity and ...
54 minutes ago
Hopefully!
ReplyDeleteCW, What's your view on below... :(
ReplyDelete"Keppel Offshore & Marine Reaches Global Resolution with Authorities in the U.S., Brazil and Singapore"
http://www.kepcorp.com/en/news_item.aspx?sid=7513
...Dr Lee Boon Yang, Chairman of Keppel Corporation, said, "Integrity is one of Keppel's core values. We do not and will not tolerate any illegal activity in the conduct of our business. We regret and are deeply disappointed by the actions that we now know to have taken place at the Group's offshore and marine business in Brazil from around 2001 to 2014.
Not sure how to ring fence this fine. Sete Brazil contracts resume and take delivery? Trade off provision for these projects as fine.
ReplyDeleteKP longterm value intact, said OCBC.
ReplyDeletehttps://www.theedgesingapore.com/keppels-long-term-value-intact-despite-being-slapped-570-mil-fines-says-ocbc
Today, no panic selling!
Delete