China
Anadarko looking to exit from oil and gas ownership stakes for USD1 billion - sources
Anadarko Petroleum Corp's divestment of its China projects may fetch USD billion, said anonymous sources.
DoubleTree by Hilton opens in Wuhu, China
The 25-storey DoubleTree by Hilton opened in China's Anhui province. Today, DoubleTree by Hilton announced that DoubleTree by Hilton Wuhu had been open in Anhui Province, China.
Shunfeng shares rise after winning bid for Suntech’s main unit
The shares of solar-cell maker Shunfeng Photovoltaic International Ltd rose after it agreed to buy Suntech Power for $492 million.
JPMorgan hiring practices under review
JPMorgan Chase hiring practices now being reviewed by US, British and Hong Kong regulatory authorities.
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Shares of Chinese technology companies remained high despite fraud allegations of NQ Mobile. A Bloomberg report said that fraud allegations hurled against NQ Mobile did not affect other Chinese companies.
Blackstone Group would be buying a 40% stake in Chinese shopping mall operator SCP Co. Private equity company Blackstone Group said it would be purchasing a 40% stake in SCP Co, a China-based shopping mall owner.
Boming Cheng, the President of Citic Securities Co, said IPOs could resume again in China after a Chinese Communist Party meeting.
The following bids, mergers, acquisitions and disposals were reported on Friday The following bids, mergers, acquisitions and disposals were reported on Friday:- Hotel operator Hilton Worldwide Inc, owned by private equity firm Blackstone Group LP, is aiming to launch its initial public offering in the week of Dec.
Despite its planned investment in Peugeot Citroen, General Motors Co said its relationship with the Shanghai Automotive Industry Corp or SAIC remained strong.
Qunar, China’s travel booking service, raised USD167 million in initial private offering on its first day of trade.
According to NQ Mobile co-CEO Omar Khan, "All allegations are false." NQ Mobile Inc's eight founding anniversary had little to celebrate last October 25, as the day before the firm was accused of inflating revenues.
The following bids, mergers, acquisitions and disposals were reported on Thursday. The following bids, mergers, acquisitions and disposals were reported on Thursday.
Chinese online classifieds marketplace 58.com would be selling American Depository Shares (ADS) at USD17 apiece starting today on the New York Stock Exchange.
The solar industry has gained ground in stock exchanges for two consecutive years, outpacing tech companies.