PBOC says trust loans to be included in its database

China's central bank said it would include all loans issued by trust companies in its database in an effort to curb risky lending.


Heineken and Carlsberg look to Asia, new products to meet yearly earnings

Beer makers Heineken and Carlsberg said they would be looking to Asia and their new product offerings to meet their forecasted earnings this year.

Lloyds sells German life insurer for EUR 300 million to Cinven and Hannover RE

Lloyds Banking Group announced its sale of Heidelberger Leben for EUR 300 million to Cinven and Hannover RE.

Brookfield Asset Management scored USD 1 billion for fifth fund

Canadian investment manager Brookfield Asset Management Inc was able to raise USD 1 billion for its fifth fund.


Latest News

JPMorgan Chase had identified possible candidates for new directors of the bank's board . JPMorgan Chase & Co is near to identifying the company's two newest directors, according to Reuters' source.
KPN said it had invited its shareholders to a meeting on October 2 to vote on the proposed sale of its German unit E-Plus to Telefonica.
African Barrick Gold named industry veteran Bradley A. Gordon as its new Chief Executive Officer. African Barrick Gold appointed Bradley A. Gordon as its new Chief Executive Officer.
A Chinese coal firm offered USD 160 million for Turquoise Hill's Inova Resources Ltd. Shanxi Donghui Coal Cooking & Chemicals Group said it would be offering USD 160 million for Inova Resources Ltd.
A state think-tank said Chinese banks have reduced loans on property developments in smaller cities because of the glut in unsold homes there.
Facebook Inc unveiled new project, Internet.org to provide online access to more people around the world.
Eastman Kodak was cleared by bankruptcy court to begin the company's restructuring. Eastman Kodak Co. emerged from bankruptcy court Tuesday after a judge cleared the company to begin a new chapter.
Collegefeed received USD1.8 million investment from Accel Partners A new social media platform specifically catered to college students has attracted a USD1.
Maginatics raised $17 million in Series B financing for its projects. Maginatics, a leader in technology innovations, clinched USD17 million in Series B funding.
IVG Immobilien sought protection from its creditors in court in Bonn after failing to reach an agreement to refinance its debt.
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