Goldman Sachs purchases 19%, Danish pension funds ATP buys 5% and PFA acquires 2% in Dong Energy A/S, the largest utilities firm in Denmark.

Taiwan's banks have become minefields for private equity companies. The banks of Taiwan, once seen as avenues to inroads towards China, have increasingly become minefields for private equity firms.

The IntercontinentalExchange Inc set to purchase NYSE Euronext. The NYSE Euronext and the IntercontinentalExchange Inc announced last Wednesday that the two are nearing ICE's completion of its proposed takeover of the Big Board operator.

Qatar, according to the latest Global Financial Center Index or GFCI 14 from the Z/Yen Group, is the top financial center in the Middle East.

After its announcement of its closure of banking operations, Barclays Plc had begun freezing its customers accounts.

In a move to revitalize the UAE financial market, the Dubai and Abu Dhabi regulatory authorities are exploring ways to merge their bourses.

An internal memo news agency Reuters had obtained revealed that Bank of America Merrill Lynch had reassigned its co-heads of its Asia Pacific investment banking business.

Software company SAP AG said it would be pouring over USD650 million to its new SAP Ventures Fund II.

Redpoint Ventures announced on Tuesday that it had hired former Twitter Inc executive Ryan Sarver as a partner in the venture capital firm, according to a company press release.

The US government shutdown had started its first day after 17 years after US President Barack Obama and congressional Republicans failed to settle the budget issue before the deadline on Tuesday, said a Reuters report.