Two firms owned by Li Ka-shing would be selling holdings in Extreme Selection, the firm that owns the company developing a real estate project in Lujiazui's financial district.

Preferred Freezer Services, Sinotrans Ltd, Yang Ming Marine Transport Corp and Yida Group form joint venture.

The Russia China Investment Fund acquired the Russian Forest Products Group. The Russia-China Investment Fund had announced the completion of an acquisition of an approximately 42% stake in RFP Group, a leading forestry holding firm in the Far Eastern region of Russia.

The Indian government's guarantee for Air India was being awaited. The sovereign guarantees for Air India are being awaited for until next week in order for loans to be properly backed up with a total of Rs 2500 crore.

Hyundai Rotem Co had priced its shares at a maximum amount of KRW 23,000 apiece after its IPO was oversubscribed.

People familiar with the bidding of ParknShop told Bloomberg that the Charoen Pokphand Group and Woolsworths Ltd were considering of abandoning their bids for the supermarket chain.

A group of investors obtain class action approval against Morgan Stanley for the controversial Pinnacle notes.

The Investment Canada Act would be a major hurdle for foreign companies like Lenovo who wish to acquire Blackberry as a whole or in parts.

Japan hair and cosmetics company Shiseido on Thursday said it had been discussing with L'Oreal about the latter's acquisition of the Decleor and Carita skincare brands for EUR230 million or USD314.3 million.

Toyota Motor Sales USA voluntarily recalled some cars because of problems encountered with the airconditioning condenser unit housing.