Industry

Deadline Extended for DBS to Takeover PT Bank Danamon Indonesia

DBS Group Holdings Ltd. has extended the deadline to takeover PT Bank Danamon Indonesia from Temasek Holdings PTE.


Dubai Shares Increased to Its Highest after HSBC Strengthens MSCI Bets

Dubai shares moves up to its highest since 2008 and could end up being reclassified by HSBC to emerging market status.

Sambo: Drop in US Oil Sales Is a Chance for Nigeria to Advance

Nigeria sees the decrease on US oil sales imports as a chance for the country to have more oil industries opened.

Economic Stability in China Foreseen through Manufacturer Expansion

China is directed to a more stable economy as President Xi Jinping announced manufacturer expansion.


Latest News

After completion of prerequisites, the second tranche of the Euro bailout plan for Greece was released.
German, Belgian, French and other bonds have been falling in the world market. (Photo : Reuters)The image is a bond market trader grimacing at the numbers.
UBS AG France is under investigation for its bank practices. (Photo : Reuters)The image is the UBS sign on its corporate headquarters. The French unit of UBS AG has been placed under formal inquiry as part of an investigation started in 2012 over the practices conducted by the bank in France, according to a spokesperson.
HSBC is planning to sell off shares totalling of 98.94% of its stake with the PT Bank Ekonomi in Indonesia.
Erajaya Swasembada and Foxconn Technology Group are said to be discussing a deal of partnership for the Indonesian market.
The Kingdom Hotel Investment sells a hotel in Mauritius to Hawaiian-based Outrigger Hotels and Resorts.
Yelp's CFO, Rob Krolik, announced that the company's doors are open to a possible partnership with Facebook graph search feature.
Two brokerages were sanctioned after having been found out of helping fraudulent IPOs. (Photo : Reuters)The Chines flag waiving in front of rising business sectors The Securities Regulatory Commission in China will fine two brokerages for helping perpetrate fraud IPOs get listed on the bourse.
Cerberus stake falls behind after US private equity fund launched an unsolicited bid. (Photo : Reuters)John W. Snow (center, CEO of Cerberus Capital Management LP strikes a pose with other CEOs.
Japanese firm Mitsubishi plans to buy a majority stake from the Brazilian grain company, Los Grobo Ceagro.
Real Time Analytics