Nan Fung planned buy a stake in Forterra Trust to increase its market share. Nan Fung planned to acquire abount 30% stake in Forterra Trust. The Hong Kong property developer will pay SGD$226.
Asia/Pacific
Summer takes its toll on Hong Kong's stock market
Hong Kong's stock market was adversely affected by the summer lull. The summer vacation seemed to have penetrated the stock market in Hong Kong. The summer lull sent trading volumes to its lowest point Monday since September 4, 2012.
Philippine stock market rose due to President Aquino's SONA
PNoy's SONA gave a boost to the Philippine stock market. The fourth State-of-the-Nation Address (SONA) was recently given by Philippine President Benigno Aquino III.
Beijing Restaurant accepts lease buy out, CVS moves building of Duluth site next year
With the Beijing Restaurant accepting a lease buy out, building of CVS Pharmacy in Duluth site has been moved next year.
Mark Creasy dispatches part of his mining assets to Windward
Mark Creasy sold a portion of his early-stage mining assets to Windward. Mark Creasy, an Anglo-Australian millionaire worth US$764 million, was selling to Windward Resources his early-stage mining assets.
Latest News
Ajay Piramal Group announced that India Venture Advisors is launching a INR1,000 crore fund that targets early-stage healthcare companies.
Several mainland China retailers stated that they want their listing done in Hong Kong before October.
Bruno Wu and Thomas Middelhoff stated that they have combined assets with revenues of around US$2 billion to create a media and alternative investment firm.
Hong Kong's richest man Li Ka-shing is reportedly considering putting up for sale the ParknShop chain for US $2 billion.
VF Corp. drops its bid to acquire Billabong, Australia's most popular surfing brand, saying that the asking price was too much.
A man bound on a wheelchair ignited a bomb tonight at China's busy Beijing International Airport.
China discards lending rates to allow financing institutions more freedom in packaging their lending rates.
A limited number of Palestinian prisoners were released by Israel today. According to a minister from Israel, the country agreed to release a limited number of Palestinian prisoners as a gesture of goodwill to Palestine.
Japan was a winner when it came to how its stocks performed on the market. Japanese stocks were performing well. In fact, it topped in terms of gains this year in comparison to 24 major developed equity markets.
