High yield investors flee from the European junk bond market as funding costs increase. (Photo : reuters) This is an image of investors instenely watching the stock market.
Exits
US$1 Trillion Public Pension Cuts Japan’s Bond, Increases Stocks
Prime Minister Shinzo Abe announced cutting down Japan's pension fund and focusing into stocks, away from government bonds.
Foreign investors divest US government bonds
Foreign investors, such as China and Japan, have started divesting their US bond holdings. (Photo : Reuters)The image is a bunch of 'Benjamins' in a row.
Tesco pulls plug on Bangladeshi supplier
Tesco stops orders from Bangladeshi supplier after finding structural defects in its factory. (Photo : Reuters)The image is the corporate logo of Tesco UK.
Huishang Bank to list IPO with HK Bourse
Huishang Bank, due to the lack of clarity in the Shanghai Stock exchange, is set to list its IPO in the Hong Kong bourse.
Latest News
OCI Partners LP filed an IPO valued at US$480 million with the US regulators on Friday. (Photo : Reuters)The image is an industrial gas plant depot. OCI Partners LP, a strategic methanol and ammonia plant in Texas, filed an initial public offering priced at US$480 million with the US regulators.
Trinseo SA withdrew its proposed US$400 Million initial public offering on Friday. (Photo : Reuters)The image shows a division of a plastic factory. Plastic manufacturer Trinseo SA said on Friday that it had decided to withdraw its proposal for an initial public offering.
International Automotive Components announced its IPO filing valued at US$115 Million with BofA Merrill Lynch, JP Morgan and Deutsche Bank Securities as its underwriters.
According to sources, Hellman & Friedman is set to interview banks next week to choose underwriters for the said IPO.
Intas Pharmaceuticals, the Indian drug manufacturer, would undertake an IPO. (Photo : Reuters)The image is the corporate logo of Intas Pharmaceuticals.
Mexico's biggest retailer Wal-Mart de Mexico is considering to sell an arm of its restaurant business to shed non-core assets in the company.
Mercator shares owned by Pivovarna would be sold to Agrokor. (Photo : Reuters)The image is the corporate logo and byline of Mercator in Slovenian. Pivovarna Lasko, the largest beverage producer in Slovenia, had said that it would be selling off its shareholdings in Mercator, the largest food retailer in the country.
One Equity Partners, JPMorgan Chase's private equity arm, will raise funds from an external group of partners.
The Indian government deferred the proposed stake sale of Jet Airways to Etihad as it seeks more information regarding the ownership of the local carrier.
