Asia/Pacific

Patrick Corso departs Providence Equity, the fourth senior departure in the company since 2008. (Photo : Reuters)The image shows a view of Hong Kong's business district.

Gemalto was chosen by SoftBank Mobile for the commercial launch of mobile NFC services in Japan. (Photo : Reuters)The image is the Softbank corporate logo on the frontage of its company headquarters.

Infosys, India's second biggest software exporter is said to be globally hunting for a new CEO that is a non-founder of the company.

The following bids, mergers, acquisitions and disposals were reported on Tuesday The following bids, mergers, acquisitions and disposals were reported on Tuesday:- Google Inc bought Israeli mapping startup Waze on Tuesday for just over $1 billion, a source familiar with the matter said, acquiring an online real-time mapping service to safeguard its lead in one of the most crucial aspects of smartphone usage.

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Southeast Asian budget ariline AirAsia mulls over breaking up its joint venture with Japan's All Nippon Airways Co.

Prada is opening at least 80 more stores after having an increase in profit driven by strong sales of its items in Asia.

Due to high unemployment rates, the Philippines Stock Exchange Index fell 4.6 percent, its biggest loss since September 2011.

Japan's central bank holds back on new measures to calm turbulent markets. (Photo : REUTERS) Central bankers considered the idea to extend the maximum duration of cheap, fixed-rate funds offered via market operations from one year to two years.

Hyundai Rotem IPO is now official. KOSPI gives the go signal for Hyundai Rotem Co's IPO. This forecasts high gains for its majority holders Hyundai Motor and Morgan Stanley.

BOJ's remained static on the issue regarding expanding the monetary stimulus, dissappointing foreign investors leading to a global fall of stocks, bonds, and commodities.

Indonesian stocks fall to a four-month low after the rupiah suffers a setback, falling to its lowest level in three years.

The Australian dollar fell to a three-year low due to the country's slow approval rates on home-loans.

SoftBank Corp. drove the growth of stocks in Asia led by Japan's gradual rise. (Photo : Reuters )Asian stocks declined and the euro plummeted to a three-week low against the dollar as fears of renewed recession in the United States forced investors to sell riskier assets.

Daniel Loeb claimed that his hedge fund owns the biggest in Sony Corp and proposed a breakup of said company.