The Bank of Japan (BOJ) would most likely hold on to its present monetary policy as the Japanese economy shows signs of improvement, sources told Reuters.
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
Data from Private Equity International and Thomson Reuters revealed that private equity companies are now Asia's new bankers.
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.
African Bank Investments announced it would sell its retail furniture business to strengthen its balance sheet hit by slow demand and increasing bad loans.
The General Administration of Quality Supervision, Inspection and Quarantine announced that BMW Brilliance Automotive Ltd will recall 143,215 vehicles for electric power steering system problems.
The Children's Investment Fund demanded European Aeronautic Defence and Space Company to sell the 46% stake the latter holds in Dassault Aviation.
AXA Private Equity, NTT Communications, and Arkadin International have agreed on NTT Communications' acquisition of a majority stake in Arkadin.
Pennon Group announced that they had hired Ian McAulay as chief executive officer of Viridor Limited and executive director with the Pennon Group Board.
The opposition bloc in Norway stated that the government of Norway needed to revisit its US$740 billion sovereign wealth fund to improve its returns.
EMIS Group announced that it had acquired Digital Healthcare Limited for GBP3.1 million. The EMIS Group's board of directors announced it had acquired Digital Healthcare Limited.
