The current freeze order for domestic IPOs in China forced lender Huishang Bank Corp to list its IPO in Hong Kong's index.
Corporations
Rio Tinto and Mongolia iron out key issues but there still remain a few
Davaadorj Ganbold said that major issues between the mining firm and the government have been ironed out but some still remain.
Hindustan Unilever reports topping analysts' projections
Hindustan Unilever Ltd reported revenues and profits as sales revenues from soap and skin care. The Indian subsidiary of the second largest consumer goods company in the world, Hindustan Unilever Ltd, reported profits for the second quarter.
India Infoline to wind down retail brokerage services
India Infoline, in response to market movement away from equities, is closing down its retail brokerage division.
Oman projects total USD112 billion
In a MEED Projects Study, it was found that forty major projects in the Sultanate are in the pipeline with total cost to reach USD112 billion.
Latest News
The highest fine was imposed upon United Continental as thirteen flights went beyond the three hour tarmac rule at O'Hare International Airport last July 13, 2012.
Japan Exchange fell after expectations were unmet as major stocks pulled down the market. The biggest decline was registered with Asian stocks since August after the forecasts Canon Inc to Japan Exchange Group Inc had frustrated investors at the same time money market rates had urged in the second largest economy in the world.
T-Mobile would provide up to 200 megabytes of free data downloads to those who would buy the latest Apple iPad.
Netflix CEO Reed Hastings said he hoped to ink a deal with Comcast and other pay television providers in the US for its streaming services.
Twitter quitters would prove to be a challenge to investors in the social media site's upcoming IPO, a report said.
Boeing Co and Lockheed Martin Corp said they had formed an alliance to bid for the US Air Force long-range bomber program.
HP sued three optical disk drive makers for fixing the prices it bought from 2004 to 2010. Hewlett-Packard Co has filed a case against three optical disk drive manufacturers.
Provenge-maker Dendreon Corp was in the process of finding buyers, people with knowledge of the matter told Bloomberg.
Social media users love and hate Bitstrips. Bitstrips, a new smartphone application, allowed users to create cartoon versions of themselves. Users would be able to choose from over a thousand templates to create an avatar that looks like them or the people they know.
