Oceania

JPMorgan may not yet see end to criminal probe- sources

Sources told Reuters that the end to the probe of JPMorgan's criminal liability about the mortgage bonds it issued in the financial crisis could be far from over.


Glencore and Sumitomo purchase majority stake in Australia's Clermont mine

Glencore Xstrata and Sumitomo Corp purchase 50.1% shareholdings in Clermont mine amidst increasing Asian demand for coal.

Dunlop causing climate change scare in BHP Billiton board elections

Ian Dunlop, climate change advocate, is being campaigned against by no less than the BHP Billiton chairman for board director in the mining firm.

Meridian Energy IPO set to raise USD1.7 billion - sources

The initial public offering of Meridian Energy Ltd could raise up to NZD 2 billion. Two people who were familiar with the matter said the government of New Zealand would stand to gain in the public listing of state-owned Meridian Energy Ltd.


Latest News

Warrnambool Cheese and Butter Factory Company Holdings Ltd received its third and bigger acquisition offer from Murray Goulburn Co-operative Co Ltd.
The shares of Australian building materials maker Boral Ltd had surged after the announcement of a joint venture with US peer USG Corp valued at USD1.6 billion.
Australia's Boral Ltd and US peer USG Corp had announced a joint venture which would be equally owned by 50% of each company, said the companies in a statement.
Job outsourcing marketplace Freelancer.com had filed for a public listing on the Australian Stock Exchange, according to the company's announcement today.
The stocks of Australia and New Zealand fell as the deadline to settle debt for the United States looms near, said a report from Bloomberg.
Mitsubishi UFJ Trust and Banking Corp announced the completion of its acquisition of Butterfield Fulcrum Group, now known as Mitsubishi UFJ Fund Services.
A team-up of The Canada Pension Plan Investment Board (CPPIB) and Dexus Property had placed a AUD2.7 billion buyout bid for Commonwealth Property Office Fund (CPA), the office trust of the Commonwealth Bank of Australia
Abu Dhabi based airline Etihad purchased Virgin Australia shares on the Australian bourse as a means to increase its shareholdings in the Australian airline.
In a bid worth AUD1.5 billion, Westpac stands to acquire the asset finance and commercial lending units of Lloyds Banking Group in Australia.
China, Korea, Japan and Taiwan are some of the possible strategic partners Bandanna Energy was discussing with
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