Auction house Sotheby's estimated that 'The Premier Blue' the world's biggest round blue diamond, would be sold at more than USD19 million.
Asia/Pacific
China’s MMG willing to work with partners
MMG Ltd expressed interest in working together with partners as it seeks to further grow its business.
US widens probe into JPMorgan hiring practices - Bloomberg
US government widened probe into JPMorgan's hiring practices to include countries across Asia. An investigation into JPMorgan's hiring practices in China uncovered evidence that links hires to specific deals.
Global agrochemical players eye India deals
Global firms had eyed on agrochemical manufacturers as agrochemical patents in India would expire by 2020.
Aircel ties up INR8 billion loans to refinance existing debt
Aircel Ltd announced refinancing its existing debt through a tie up of nearly INR8 billion loans. Aircel Ltd. is a privately held telecom operator. The company had announced seeking nearly INR8 billion in loans with IDFC and Credit Suisse.
Latest News
China's corruption goes on overdrive with PetroChina officials falling in its wake. In a widening effort to push its anti-corruption campaign, China has included the country's most valuable company in its dragnet.
Simcere founder with the firm's CEO formed a consortium to bid for the purchase of Simcere Pharmaceutical Group.
Despite being next in line as chief executive of Infosys Ltd, Ashok Vemuri resigned from the company's board.
The Thai government would be looking to appeal Philip Morris International Inc's victory in tobacco case requiring larger health warnings on cigarette packs.
Daniel Janes stepped down as co-head of investment banking for Barclays PLC to "pursue new challenges," according to an internal memo held by Reuters.
Three Suntech Power Holdings Co Ltd directors resigned amid the company's struggling financial difficulties.
Australia's AGL Energy Ltd said that weakened demand prompted the company to delay the development of its power plants.
A Philippine regulator postponed the bid for a ticketing system to be used by the MRT and LRT. The Department of Transportation and Communications (DOTC) in the Philippines deferred the submission of bids for the ticketing system of the country's rail transportation systems.
Sources told Bloomberg that Inner Mongolia Sanwei Resources Group Co submitted an application for an IPO in Hong Kong worth USD 200 million.
