A Thai-based fund manager announced that two leading real estate firms in Thailand plan to raise THB 28 billion or USD 891 million in an initial public offering scheduled by the end of this year.
Institutional investors
Chinese-owned securities in South Korea jumps 42-fold
According to data by the Financial Supervisory Service, Chinese investments in South Korea's local securities increased 42 times since late 2008.
Ultra Electronics Holdings seeks expansion of non-military biz to fuel growth
Ultra Electronics Holdings announced the expansion of its non-military business to fuel growth as countries' defense spending drops.
Rotunda Capital sells stake in Worldwide Express
Rotunda Capital announced its exit from Worldwide Express today. Mid-market private equity firm Rotunda Capital Partners announced its exit from Worldwide Express today.
New iPhone app Spinlister links bike owners with renters
iPhone recently introduced a new app that connects bike owners with those seeking to rent them. iPhone recently introduced a new app that connects bike owners with those seeking to rent them.
Latest News
The Children's Investment Fund demanded European Aeronautic Defence and Space Company to sell the 46% stake the latter holds in Dassault Aviation.
Berkshire Hathaway announced its reported earnings and its company portfolio growth. The second quarter profit for Berkshire Hathaway Inc increased by 46%.
The consulate of Haiti in Montreal created an investment mission which will be attended by many prominent names in Quebec's investment industry.
Barron's said the second quarter of 2013 is the golden era for IPOs. The second quarter of 2013 showed a lot of companies presented their initial public offerings (IPO).
Japanese executives will attend a meeting in Myanmar to discuss future investment ventures. Representatives from over 20 Japanese companies planned on visiting Myanmar to look for possible business ventures and investment opportunities, according the Union of Myanmar Federation of Chambers of Commerce and Industry or UMFCCI.
Institutional investors, who own most of MCX's shares, panicked after shares of the company slid in the last quarter.
Reuters reported that China's private businesses could experience succession problem in the next few years.
IP Global and the DeVere Group announced the formation of a landmark global partnership. IP Global and the DeVere Group announced the formation of a landmark global partnership.
The New York Times Co announced that it has agreed to sell the Boston Globe newspaper to John Henry.
