Basic Materials

Indofood to make bid for Minzhong

Indofood Sukses Makmur Tbk PT has been considering a hostile takeover of Singapore-listed China Minzhong Food Corp Ltd after a short-seller attack decreased the Chinese food producer's market value.


Property expert calls out possible property market bubble burst in Dubai

propertyfinder.ae CEO and founder said that another property price bubble is in the making in Dubai.

Vaultize opens new office in Mumbai

Vaultize's expansion into the Mumbai area is a step towards achieving its regional and domestic plans.

Wesfarmers secures AUD 304 million through sale and leaseback of assets

Wesfarmers Ltd was able to gather AUD 304 million through a lease securitization deal with a special purpose entity.


Latest News

Bethany McLean of Reuters wrote that it would be a challenge to remove government sponsored enterprises from the US mortgage market.
American Homes 4 Rent (AMH) announced yesterday that it had fired a group of workers after financial losses were reported in the second quarter of the fiscal year.
Sale of existing homes in the United States increased in the month of July, suggesting housing market recovery.
Japanese group LIXIL Corp completed its purchase of ASD Americas Holdings Corp for USD 542 million.
A state think-tank said Chinese banks have reduced loans on property developments in smaller cities because of the glut in unsold homes there.
GSW Immobilien said it would study the EUR 1.75 billion takeover bid of Deutsche Women before giving any comment.
The British government's 'Help to Buy' program increased Persimmon's spring sales.
Australian manufacturers underwent change in level of operations. The manufacturing industry was far from dead in the country down under. The face of the Australian manufacturing sector has been deemed not dead, just changing.
Ares Management and Ontario Teachers'Pension Plan said it will buy building products firm CPG International Inc.
An explosion rocked the commodities port of Umm Qasr in Iraq. Two workers said the port of Umm Qasr was hit by a blast. A major commodities port located near Basra, Umm Qasr is also one of the largest in Iraq.
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