Industry

BOJ remains steady on monetary policy, bond markets volatility and other risks

Japan's central bank holds back on new measures to calm turbulent markets. (Photo : REUTERS) Central bankers considered the idea to extend the maximum duration of cheap, fixed-rate funds offered via market operations from one year to two years.


Hyundai Rotem (South Korea) goes public

Hyundai Rotem IPO is now official. KOSPI gives the go signal for Hyundai Rotem Co's IPO. This forecasts high gains for its majority holders Hyundai Motor and Morgan Stanley.

Investors disappointed at BOJ's stance, global stocks and bonds fall

BOJ's remained static on the issue regarding expanding the monetary stimulus, dissappointing foreign investors leading to a global fall of stocks, bonds, and commodities.

Britvic to Reconsider AG Barr Merger Given Provisional Approval

Given provisional approval, Britvic reconsiders its merger with AG Barr after significant synergies could have been generated if the previous merger between the two pushed through.


Latest News

Marfrig gets rid of it $6.1 billion debt burden, through JBS buy-out. (Photo : REUTERS)JBS employee Seara Brasil and Zenda, Marfrig's subsidiaries are sold to its rival JBS.
A US$20 billion investment is expected by Petronas for its LNG project with decisions to be finalized within this year.
Idemitsu Kosan Co. planned expansion in its Singapore unit even with an impending new refinery operation to start in Vietnam by 2017.
RWE AG is struggling to find potential buyers for Dea Oil according to people who are familiar with the matter.
Las Vegas Sands Corp asked trial judge in Nevada to cancel the US$101.6 million verdict award in favor of businessman Richard Suen.
Telus drops plans to buy-out Mobilicity. (Photo : REUTERS)Canada's 2nd largest wireless company The transfer of the license for Mobilicity's wireless spectrum to Telus was declined.
Japan's SoftBank announced on Monday an increase in their initial offer to counter bid by Dish Network.
Billionaire Lucio Tan is considering to exit the aviation industry by means of share sale after two decades in the business.
Rio Tinto received numerous interested parties to purchase its stake after announcing to raise funds for debt payment.
Oil and Natural Gas Company (ONGC) India withdrew its statement last Monday after announcing a deal with Rovuma Area 1 in Mozambique.