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Li Ka-shing's Cheung Kong Infrastructure plans $521 million share sale: IFR
Cheung Kong Infrastructure Holdings Ltd (CKI), backed by Asia's richest man Li Ka-shing, plans to raise up to $521 million in a Hong Kong share offering to fund its investment in Britain's Eversholt Rail, IFR reported late on Tuesday, citing a term sheet of the transaction.
Global stocks rise on China growth relief, dollar up vs yen
Shares rose on Tuesday and the dollar gained 1 percent against the yen after China said its economy had not slowed as much as many in markets had feared.
Morgan Stanley profit falls short of expectations
Morgan Stanley's adjusted quarterly earnings fell short of market estimates as unexpected market swings in December hit its division that trades bonds, currencies and commodities and the Wall Street bank deferred fewer bonus payments.
Twitter buys Indian mobile marketing start-up ZipDial
Twitter Inc on Tuesday said it will buy Indian mobile phone marketing start-up ZipDial, reportedly for $30 million to $40 million, as the U.S. microblogging service looks to expand in the world's second-biggest mobile market.