Bloomberg Business

Saudi Arabia Hikes Its Oil Prices as Supply Cuts Extended

Saudi Arabia issued big price increases for its crude to Europe and the Mediterranean, while also unexpectedly lifting the cost of supplies to Asia, a move that risks stifling demand for the kingdom’s barrels.

Thai Regulator Freezes Stark Assets, Files Fraud Charges

Thailand’s market regulator ordered the seizure of assets of scandal-hit Stark Corp., its largest shareholder and some former executives allegedly involved in falsifying accounts that’s led to a bond default and crash in its share price.

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