The CBRE Group Inc said Chinese insurance companies could spend USD 14.4 billion in commercial real estate investments overseas.
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Indonesia loses private equity allure over buyout prices - report
Indonesia has been losing its attraction as a private equity goldmine due to increased competition, shifting government regulations and high valuation prices.
Investor files disclosure suit against Petrochina
Petrochina Securities investor Johan Broux filed a disclosure suit against Petrochina Co and its current and former executives for failing to disclose pertinent news to investors.
PetroChina now turning new page after Chairman Jiang Jiemin
As the company faces an investigation on corruption under the previous leadership, the new management of PetroChina is seeking to distance itself from the legacy of its former chairman.
Yucaipa's Burkle urges Morgans Hotel to sell
Yucaipa Cos. and billionaire Ron Burkle filed a letter to Morgans Hotel Group Co. Chairman Jason Kalisman demanding the sale of the New York-based hotelier.
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Australian tycoon James Packer bought a 9.4% stake in US real estate website Zillow Inc. James Packer acquired a 9. 4% stake in Zillow Inc. Cavalane Holdings, of which Packer holds a controlling stake, purchased 3 million shares in the US real estate website.
South Korea would be offering a sale of ten-year bonds despite concerns of the US Federal Reserve reducing its asset purchases.
Japanese camera and endoscope maker Olympus Corp. would be prosecuted by UK's Serious Fraud Office for providing "misleading, false or deceptive" information in its Gyrus Group's financial accounts dating fiscal years 2009 and 2010.
According to a Bloomberg report, the biggest mining companies were set to spend USD244 billion on expansions amid Glencore Xstrata Plc's CEO call to end oversupply in mineral markets.
News Corp announced that it had sold Dow Jones Local Media to a unit of Fortress Investment Group without disclosing the terms of the deal.
Billionaire investor Carl Icahn and his entities announced cutting their stake by almost half in Hain Celestial Group through stock sale.
AMC Entertainment Holdings announced to go public through an IPO as it aimed to raise USD400 million.
New and old investors came together for the series B financing for Loggly. The most popular cloud based log managemet system, Loggly, had received USD10.
Sequoia Capital and Spark Capital both invest in Zazma for USD10 million. In an announcement, short term finance innovator for small businesses Zazma had said it raised USD10 million in financing venture equity from Sequoia and Spark Capital.
