Asia/Pacific
Actis to sell stake in Indian dairy farm
Sources revealed that Actis is looking to offload its stake in Nilgiri Dairy Farm for around US$110 million.
India's XCode raises INR1 crore from American venture fund
XCode announced that it had landed on a INR1 crore investment from Shead Holdings. XCode Life Sciences revealed that Shead Holdings had invested INR1 crore in the Chennai-based biotechnology start-up.
United Petroleum opens doors for possible sale
United Petroleum announced that they are considering offers for possible acquisition or joint venture deals.
China-based Hanergy acquires US solar panel maker Global Solar
Hanergy Holding Group Ltd. acquires Global Solar Energy Inc. in its bid to strengthen its solar panel production technology.
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Microsoft partnered with the Hong Kong Education Bureau to launch a three year free Office 365 program in the city.
Solar Frontier released their Solacis neo module today with a tagline saying that it is "thinner than the iPhone 5."
China's Commerce Ministry confident probe on drugmaker GlaxoSmithKline won't mar investor confidence
China remains confident that the ongoing investigations for alleged bribery of GSK execs in its China division won't mar investor confidence.
Super Group Ltd. announced plans to make first acquisition in ten years. Singapore's leading instant-coffee maker, Super Group Ltd. , said that they are seeking to make their first acquisition in a decade.
LG Innotek Co. and Inventec Corp., Apple's suppliers, led the rally after tech titan released its earnings report.
The instant messaging app from China, WeChat, would expand globally by using the biggest personalities in the sports industry.
CTBC Financial Holding Co. announced that they will acquire Tokyo Star Bank Ltd. for US$520 million.
LCD panel maker, BOE Technology Group Co Ltd., expressed their plans to generate CNY46 billion through an initial public offering.
Despite Beijing's stimulus package, Chinese stocks still fell Thursday. Despite China's stimulus measures geared towards strengthening its flagging economy, Asian stocks dipped this Thursday.
China may ease up on its monetary policies soon, says watchers. The eyes of economists keen on Asian markets are now focusing intently on what China is going to do next after the government earlier announced fiscal stimulus measures to fire up its weakened economy.