Shuanghui International Holdings and Smithfield Foods Inc released a joint statement saying they received another clearance from the U.S. Committee on Foreign Investment on the food firms' USD4.7 billion takeover deal.
Asia/Pacific
Foreign firms in China strengthen compliance as investigations continue
Foreign companies in China strengthened their compliance of laws as authorities continue their antitrust and corruption probes.
Cancel Egypt aid or US loses billions - Pentagon official
A senior official of the Pentagon told Reuters that the US government would be in danger to defaulting weapons contract payments should they halt Egyptian aid.
Australia, Norway governments face defeat in polls despite booms- Reuters
Reuters reported that that the ruling governments of Australia and Norway would face possible defeat in polls set for this month.
New bidding guidelines set to govern new ultra mega power plant constructions
A new set of bidding guidelines will be utilized for the newest ultra mega power projects for the next decade.
Latest News
CHAMP Marlin Holdings and SEA6 Limited offered a total of USD150 million takeover bid for the remaining 25% stake it does not own in Miclyn Express.
Brazil, Russia, India, China and South Africa have all agreed to create a USD100 billion fund as buffer for financial shocks.
A memorandum of understanding was signed for the financing of SsaangYong Motor in Korea. A memorandum of understanding was signed between Mahindra Finance and Woori financials.
The initial closing of Quadria Capital's second fund raised USD 107 million in capital commitments.
The Head of the Central Bank of China said the country had measures to cope with the expected pullback of the US monetary stimulus.
Malaysia Airports Holdings was able to gather MYR 500 million from its sukuk issuance for the construction of its budget airlines terminal.
As the fruition of months of planning and years of animosity, China and Taiwan formalizes the two way cross border transaction system for companies trading in the yuan.
Sources said NTT DoCoMo would finally start offering Apple's iPhones to its Japanese subscribers.
Sources told Reuters that KKR would be favored by Panasonic to acquire a majority stake in its healthcare business.
