PetroChina Buys BHP Stake for $1.6 Billion

PetroChina Co., Asia’s biggest oil producer, agreed to pay BHP Billiton Ltd. $1.63 billion for its holding in Woodside Petroleum Ltd.’s proposed Browse liquefied natural gas project in Western Australia.

Columbia's Hubbard Says Fed Is on Right Track
41:25 - Glenn Hubbard, dean and professor of finance and economics at Columbia Business School, discusses the pro-growth policies of the Trump administration and his outlook for the Fed. He speaks to Bloomberg's Yvonne Man from the Credit Suisse Asian Investment Conference in Hong Kong. (Source: Bloomberg)
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