Lloyds Banking Group agreed on a sale of its loan asset portfolio from its BOS International Australia unit to Bain Capital's Sankaty Advisors.
Asia/Pacific
Hong Kong Stock Exchange faces difficult decision in Alibaba IPO: Bloomberg
The Hong Kong Stock Exchange would need to make a difficult decision on Alibaba's proposal to retain control after its planned IPO.
Nissan Motor says willing to work with Google, others for development of self-driving car
Japan-based Nissan Motor Co said it would be willing to work with Google and other firms to develop self-driving vehicle systems.
Ultratech to acquire majority stake in Jaypee's Gujarat plant
Ultratech Cement is in the advanced stages of its discussions with Jaypee Cement Corporation for the acquisition of 51% stake in the company's Gujarat facility.
Mongolia plans to replace investment law that limits foreign ownership
Mongolia would be replacing its 2012 law that puts limits on foreign ownership with a new measure that is more investor-friendly.
Latest News
Indian telecommunications firm Reliance Communications said that it had been talking with partners for a stake sale of one of its units.
Indonesia gathered IDR 12 trillion in its most recent bond offering, beating an initial target of IDR 8 trillion.
China's Vice Finance Minister says there is no need for Chinese government to stimulate the world’s No. 2 economy.
Due to rising concerns over Syrian geopolitical issues, Asian stocks experience a decline as oil prices rise.
Titagarh Wagons Ltd. had decided to no longer push its demerger plans amid the sluggish order flows for wagons in the market.
An acquisition deal for a Chinese copper landmark had been placed at risk after the USD3 billion agreement was reviewed.
The Reserve Bank of India had allowed non-resident Indians to purchase shares from Tai Industries and Madras Aluminum Company.
ING Groep NV had sold its South Korean insurance unit for USD1.7 billion to MBK Partners Ltd. MBK Partners Ltd. is an Asian buyout company which was formed by ex-Carlyle Group executives.
India's ONGC Videsh said it would increase its overseas debt to fund a USD2.64 acquisition. ONGC Videsh Ltd. is a state-backed energy explorer in India.
