Asia/Pacific

Shunfeng shares rise after winning bid for Suntech’s main unit

The shares of solar-cell maker Shunfeng Photovoltaic International Ltd rose after it agreed to buy Suntech Power for $492 million.


JPMorgan hiring practices under review

JPMorgan Chase hiring practices now being reviewed by US, British and Hong Kong regulatory authorities.

Chinalco-led consortium gets on shortlist for Glencore Xstrata's Las Bambas copper project

A consortium led by Chinalco was shortlisted to bid for Glencore Xstrata's copper mine in Peru, a Chinalco executive said.

KT Corp CEO offers resignation after raid

KT Corp said the mobile operator's CEO Lee Suk Chae offered to resign from his post after a raid was conducted on the firm's headquarters and his home.


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The IPO prospectus released by Nine Entertainment Co showed that the Sydney-based firm was looking to raise AUD 697.3 million for its share sale.
Blackstone Group would be buying a 40% stake in Chinese shopping mall operator SCP Co. Private equity company Blackstone Group said it would be purchasing a 40% stake in SCP Co, a China-based shopping mall owner.
Boming Cheng, the President of Citic Securities Co, said IPOs could resume again in China after a Chinese Communist Party meeting.
The following bids, mergers, acquisitions and disposals were reported on Friday The following bids, mergers, acquisitions and disposals were reported on Friday:- Hotel operator Hilton Worldwide Inc, owned by private equity firm Blackstone Group LP, is aiming to launch its initial public offering in the week of Dec.
Only the issues of sovereign guarantees by Pakistan for the purchases of gas from India hinder the finalization of the agreement between the two countries.
Pawan K Ruia owned Jessop & Co seeking approval of its decision to close its operations. One of the oldest companies in India, Jessop & Co, is controlled by Pawan K, Ruia.
Odisha Industries Federation Vice Chairman for the South Zone Rajendra Kumar Mishra filed memoranda with government to intervene and grant tax holidays and moratorium on bank payments.
PricewaterhouseCoopers is set to assess the 'gogreen' policy and its implementation in the Indian telecommunications industry.
A suit was filed in New Jersey District Court against Actavis by Ranbaxy Laboratories for its attempt to produce a generic version of Absorica.
Diwali, the Indian festival of lights, have caused Indians to loosen purse strings despite high inflation.
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