Asia/Pacific
Infant Milk Price Cuts from Nestle and Danone as a response to China's probe
Two food giants, Nestle and Danone faced China's probe on the food sector for unethical practices with price cuts on infant milk formula.
Temasek Holdings-- optimistic about China amid recent interbank credit crunch
Temasek Holdings, an investment company belonging to the Government of Singapore, hold on to their stocks of China's top banks.
Rongsheng Share Trading in HK Bourse Halted
Shipbuilder Rongsheng shares were stopped from trading in the Hong Kong Stock Exchange. (Photo : Reuters)The image is the Rongsheng Shipyard now under pressure.
Yandex and Sberbank Complete Yandex.Money Joint Venture worth US$60 million
Yandex and Sberbank of Russia finalized their joint venture for Yandex.Money for about US$60 million.
Latest News
Indian billionaire Jhunjhunwala bought a stake at Firstsource Solutions. (Photo : Reuters)This is billionaire Jhunjhunwala. Indian billionaire Rakesh Jhunjhunwala acquired a 3.
The Chinese smartphone industry boosted the production of chips in Korea, making investors in the industry in charge of the market.
India's CPSE was urged by the finance minister to either invest its surplus funds or give to those who will.
Actis Capital sold majority stake of Vesta to Illinois Tool Works Inc. (Photo : Reuters)This is the logo of Illinois Tool Works Inc. , which acquired Vesta, a Chinese kitchen equipment maker.
A 2% increase of shareholdings was done by Bharti Airtel in the venture established with Qualcomm Inc.
Proctor & Gamble employed a Bollywood actress as new ambassador. (Photo : Reuters)Bollywood is a very influential industry in India. Proctor & Gamble employed a new strategy as it tries to penetrate the stronghold of Colgate Palmolive Co.
Temasek reported a surge in their global stocks as value of assets surge (Photo : Reuters)Temasek announced a surge in the value of their assets Temasek Holdings recorded a surge in the global stock market as it assets bolstered.
Indonesia offered a 7% stake in Newmont mine after long disputes of who should get the share in the copper and gold miner.
Chinese firms advanced after its stocks rose following the rally of consumer discretionary companies, property developers and coal producers.
James Packer’s Crown Ltd advanced on to the third stage of government approval process beating rival proposal from Echo Entertainment Group.