(Bloomberg) Asia’s largest commodity trader Noble Group Ltd. took on its critics with an open letter defending its accounting methods and valuations of a coal asset. Noble has seen its shares drop ...
(Reuters) - Troubled Noble Group (NOBG.SI) was saved from insolvency after shareholders approved a $3.5 billion debt restructuring last week, but the company is barely a shadow of what was once Asia's ...
SINGAPORE (Reuters) - Commodities trader Noble Group plunged to a $4.9 billion annual loss, mainly due to losses on derivatives contracts, and said it was still in talks with creditors to finalise a ...
Commodities trader Noble Group reported a second- quarter loss of $1.75 billion on Thursday, weeks after warning it faced its steepest quarterly loss in a year and a half and would slash jobs and sell ...
SINGAPORE—Noble Group Ltd. (CGP.SG) shareholders are set to receive a sweeter deal, as the embattled commodities trading house has received support from its Abu Dhabi-based investor for its ...
Singapore's Noble Group Holdings Limited announced that its subsidiary Asia Rainbow International Limited has completed the sale of the vessel M/V Ocean Ruby.The sale has been completed for aggregate ...
(Reuters) - Ratings agencies S&P and Moody's cut their credit ratings on commodities trader Noble Group on Monday, citing high default risks. Once Asia's largest commodities trading house, Noble is ...
SINGAPORE (Reuters) - Noble Group's treasury head has quit the company, at a time when the Singapore-listed commodities trader is slimming down drastically to its core Asian coal-trading business.
Investors in noble group should be feeling pretty seasick. Its shares rose with commodities prices, plunged, then bounced back after record third-quarter earnings results before hitting the doldrums ...
Noble Group (OTCPK:NOBGF, OTCPK:NOBGY) confirms an agreement to sell its oil trading business to Vitol for ~$582M and warns of a loss exceeding $1B for its Q3. Noble says gross proceeds from the sale ...
the embattled commodity trader has approached lenders to replace a credit facility with a $2 billion borrowing base facility. Now investor focus shifts to bank support for that lifeline. Mitsubishi ...
Noble Group Ltd., the commodity trader fighting for survival, lost support from one of its key banks as Singapore’s DBS Group Holdings Ltd. cut lending, according to a person with knowledge of the ...