The Australian Competition and Consumer Commission makes a probe about a newspaper report involving Crown Ltd.
Asia/Pacific
Unitech puts up 3.6 million sq ft of properties for sale
Unitech has placed 3.6 million square feet of IT space up for sale. Unitech Corporate Parks have offered around 3. 6 million square feet of properties in India's Gurgaon IT Special Economic Zone to a number of private equity firms, said a person who has knowledge of the plans.
SMB to raise US$4 billion to fund expansion
San Miguel Corp plans to raise US$4 billion to fund expansion by selling power assets of Meralco. San Miguel Corp. is set to raise an estimated US$4 billion by selling power assets of Meralco.
Worldfloat to expand using games
Worldfloat saw its customer base increase due to unique game. Worldfloat, an Indian-based social networking site, expects to have its membership base expand to around 20 million in the next few weeks.
KrisEnergy look to earn SGD270 million in its IPO
KrisEnergy revealed that it its looking to raise more than SGD270 million in its market debut. KrisEnergy Ltd is looking to receive up to SGD270 million in net proceeds in its initial public offering.
Latest News
The local fishing industry of Taiwan prepared for the upcoming typhoon season, amidst prior controversies.
Typhoon Soulik stopped the fishing and airline activity in the island territory of Taiwan and nearby Chinese provinces.
Months after enjoying record highs, 'Abenomics' produces lackluster figures. By all indications, Japanese Prime Minister Shinzo Abe's economic policy agenda dubbed "Abenomics" seems to be coming back to earth.
Asiana airlines' accident affected the technology industry The Asiana Airlines accident halted more than just flight bookings or travel package reservations.
The Indian currency slowly depreciated amid the volatile investment atmosphere. In response to the slowly depreciating rupee, the government of India is looking at any possible options available to them, said the country's Chief Economic Adviser Raghuram Rajan.
China planned to promote technology and boost the progress in energy-saving industries to unleash the economy's potential.
The US Fed Reserve's stimulus contraction affected the rupee-dollar trading. The Indian investment industry experienced an extremely volatile environment this week.
South Korea's expansion of its airline industry to China made its capital the main entryway to North America.
Sci-fi flick Pacific Rim reported high numbers on its opening day, especially in Asia. Guillermo del Toro's science fiction movie 'Pacific Rim' joined the three-way race for the number one spot in this week's Hollywood blockbuster ladder.
