Singapore offshore giant agrees payment deferral

Singapore’s Sembcorp Marine has reached agreement with Borr Drilling to allow its client two more years to make payment for rigs it is constructing. Sembmarine on Thursday confirmed that its wholly ... ( read original story ...)

Tencent Posts First Revenue Drop Since 2004 IPO

The Chinese social-media giant’s revenue dropped 3% as a slowing economy further dented its online-ad revenue, while its videogame business continued to struggle from tighter regulations. ( read original story ...)