UBS AG’s unit would open its first hedge fund focused on Asia later this year, according to two people who were familiar with the matter.

Tesco Plc said that any deals that would take place in China would be funded through its new retail venture with China Resources Enterprise Ltd.

In documentation filed with the Company Law Board, two PE funds seek the appointment of an administrator to oversee the forensic audit for the company.

Toshiba Corp chief executive Hisao Tanaka told Reuters that his company would decide on buying a major stake in UK nuclear venture NuGeneration.

Forgame Holdings Ltd experienced a premium of one-third of its stock price during its trading debut on the Hong Kong Stock Exchange on Thursday, said a Reuters report.

Fubon Life Insurance Co would be buying real estate overseas after the Taiwanese regulator eased restrictions for insurance firms on property investments.

Westports Holdings Executive Chairman G. Gnanalingam became a billionaire with the port operator's initial public offering.

Societe Generale would sell its Asian financial unit priced around USD600 million, said sources that were cited in a Reuters report.

A Federal Court in Australia ordered Li Ka-shing's companies to pay a total of AUD 776 million to the Australian Tax Office.

US and South Korea discussed the possibility of delaying wartime control transfer to South Korea's troops amidst fears of North Korea's weapons of mass destruction capabilities.