Lens Technology is a $7.2B worth glass screen business in China. The company provides glass screens to top labels like Samsung, Windows and Apple and had made a public offer in March. It is owned and founded by Zhou Qunfei, the richest self-made woman in China who used to work as a factory worker.
Investors
Swiss banks step up battle for Asia's super-rich
UBS's giant banner on Hong Kong's One Peking Road skyscraper, so big it has drawn complaints for keeping solar panels in the shade, is a testament to the renewed push among Swiss banks to win business from Asia's burgeoning ranks of millionaires.
Greek stock market reopens to huge losses after five-week shutdown, hopes to recover with upcoming bailout
The first two days of Greek market activity saw nothing but bloody reds as the Athens Stock Exchange witness massive selloffs from foreign investors unrestricted by current capital controls that limit withdrawals from local banks to a measly €60.
JPMorgan just made it easier to borrow $3 million for a home loan
If you're planning to purchase a home or simply need to get a loan, then J.P. Morgan is the answer. J.P. Morgan Chase & Co. which is the nation's largest bank by assets, has become less strict with its criteria when it comes to large mortgages, as numbers of lenders build up to get a bigger portion of the high-end housing market.
Tech leads Nasdaq, S&P 500; Disney sparks media selloff
The S&P 500 and Nasdaq Composite rose on Wednesday following three days of losses as tech shares advanced, while the blue-chip Dow index ticked lower, weighed by Disney's largest daily drop in almost seven years.
Latest News
Controversial real estate mogul and presidential hopeful Donald Trump has sold his New York Trump Park Avenue penthouse for 21 million dollars, said real estate listing agent Michelle Griffith.
The 40-year record high of US dollar against some major currencies is ringing alarm bells for another currency crisis. The ongoing situation could also trigger for another round of crash in the emerging markets. The world is more integrated now than in those days of 1980s and 1990s that witnessed major currency crisis.
Can $500 billion restore normalcy in Chinese stock market? China's stock market capitalization melts by $3-trillion as equities crash 30% in less than a month while State-owned banks step in with buying support. Technical charts indicate further fall and economy slowdown becomes a major concern.
U.S. stocks ended sharply higher on Tuesday, breaking a five-day losing streak as attention shifted from trouble in Chinese equities to U.S. corporate earnings and to speculation the first Federal Reserve interest rate hike may not come until December.
What happens when a single stock is influencing the performance of several mutual funds (MFs) and exchange-traded funds (ETFs) alike?
Concerns over China dominated financial markets on Monday, with the biggest fall in Shanghai shares in eight years driving stock markets and prices of major commodities lower across the board.
U.S. stocks closed broadly higher on Friday, with major indexes ending up more than 1 percent on hopes Greece would be able to secure fresh funding at an upcoming meeting, which would allow it to avert bankruptcy and remain in the euro zone.
China's securities regulator took the drastic step of ordering shareholders with stakes of more than 5 percent from selling shares for the next six months in a bid to halt a plunge in stock prices that is starting to roil global financial markets.
U.S. stocks ended sharply lower on Wednesday as market turmoil in China eclipsed Greece's debt crisis, while the New York Stock Exchange suffered a major outage.
