Chinese coal port operator Qinhuangdao Port Co. is seeking to raise up to USD717 million in a Hong Kong listing. The firm will be putting up for sale 829.9 million shares at HKD5.25 to HKD6.70 apiece.
United States
Women directors are better at mergers and acquisitions -study
A study conducted by researchers at the University of British Columbia's Sauder School of Business showed that the more women are on a company's corporate board, the lesser the chance the company would be entering into risky deals.
Muddy Waters call boost investor confidence in Chinese IPOs - analyst
Despite receiving backlash from short sellers who claimed that they misstate their assets, there is no stopping to Chinese companies who pursued initial public offerings in the US.
Japan's Fast Retailing eyes secondary offering in Hong Kong
Japan's Fast Retailing Co. is planning a secondary public offering in the Hong Kong Stock Exchange next year. If successful, the Tokyo-listed retail holding company would become the third Japanese company to list in Hong Kong.
American Airlines faces another hurdle in merger battle
American Airlines Inc was slapped with another lawsuit claiming its merger with US Airways Inc would break antitrust laws, putting another roadblock on its exit from bankruptcy.
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American private equity firm Carlyle Group LP is considering to sell its 67% stake in Eastern Broadcasting Co. for up to USD700 million. Carlyle built a majority holding in the Taiwanese broadcaster after acquiring its parent company for USD1.5 billion.
An Apple Inc. spokeswoman has confirmed that the Cupertino-based tech giant will acquire Israel's PrimeSense Ltd. for USD350 million. The PrimeSense deal is the latest in Apple's acquisition of less well-known companies.
Following a nuclear deal reached in Geneva, the European Union has removed the ban on insuring tankers transporting Iranian oil. The EU also agreed to release USD4.2 billion in frozen oil assets and permit Iranian crude exports to continue at its current levels.
A report from Israeli scientists explored the connection between the arrested operator of Silk Road Ross William Ulbricht and the secretive inventor of the digital currency bitcoin Satoshi Nakamoto.
A U.S. housing regulator has been investigating the activities of a small California not-for-profit that bought hundreds of foreclosed homes through a federally backed program intended to help local communities hurt by the housing bust, according to government documents reviewed by Reuters.
Sheet music app Tonara rolls out interactive score synchronization to help musicians and stage techs
Tonara, an interactive sheet music app has rolled out a new score synchronization feature for the iPad. The new score synchronization feature allows musicians to review their practice sessions and in the future, power stage management functions as well.
Travel startup GetYourGuide, whose platform streamlines the booking of vacation excursions, rolls out to the U.S Market having successfully launched in Europe, having garnered over 210,000 European mobile users in just a month.
Markets are closed for the Thanksgiving holiday on Thursday and a half day for equities occurs on Friday, so most of the week's meager trading will be done by mid-Wednesday across all asset classes.
The federal government is optimistic that it can get enough people to purchase health insurance. It is also testing an option whereby consumers can directly purchase insurance aside from going to the state websites since it is still malfunctioning.
