Sinopec Ditches Hostile $2 Billion China Gas Bid

China Petroleum and Chemical Corp. ditched a $2 billion hostile bid with ENN Energy Holdings Ltd. for China Gas Holdings Ltd. after a 10-month tussle, opting to form ventures and share resources with the takeover target.
Malaysia Imposes Strict Entertainment Guidelines
14:43 - Malaysia is implementing stricter entertainment guidelines as part of its growing Islamic push. Bloomberg’s Haslinda Amin reports on “First Up.” (Source: Bloomberg)
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