BlackRock cuts Hong Kong investment

BlackRock Inc. had reduced its Hong Kong investment after slow growth in the economy, said a Bloomberg report.


Tapering by Fed Reserve to be held back - BlackRock CEO

BlackRock CEO Laurence D. Fink said the tapering by the US Federal Reserve would be extended until the March.

GE pays off Buffett's Berkshire Hathaway warrants

A payment of USD260.7 million was paid to Berkshire Hathaway for the exercise of its warrants from General Electric Co.

New debt instruments issued by Wrigley to finance operations and manage debt

Wrigley issued a number of debt instruments with specific term lengths, yields and interest rates. An amount worth USD3 billion through a five bond offer was done by Mars Inc's Wm Wrigley Jr Co.


Latest News

US President Barack Obama had urged the Congress to move along with other agendas after reaching a deal to end the partial shutdown of the country.
The Singapore Stock Exchange had questioned the authority of Asiasons Capital to issue new shares for the acquisition of a stake in a US oil and gas company.
Jos. A. Bank Chairman Robert Wildrick said in an interview last Wednesday that the US apparel retailer had received strong support from top shareholders in the company for its Men's Wearhouse Inc. bid valued USD2.3 billion.
Egyptian telecoms magnate Naguib Sawirirs said that the unclear telecommunications policy in Canada would jeopardize foreign investment.
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.
Richmond resident trustees have filed an appeal on a decision made by US District Judge Charles Breyer dismissing the eminent domain case.
According to officials who sought anonymity, House Speaker John Boehner and other Republican leaders in the House would approve the Senate drafted deal on the debt ceiling and the budget.
State oil company PDVSA and Spain's Repsol had been in talks regarding a venture funding in Venezuela, said a report from Reuters.
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.
Family owned natural gas exploration and production firm Rice Energy had been preparing for an IPO to be launched early 2014, said sources that were familiar with the matter.