Edward B. Doong

MetroPCS-T-Mobile Merger Draws More Opposition

The proposed merger of MetroPCS Communications and T-Mobile owned by Deutsche Telekom AG appears to have more critics and oppositions in a bid to force Deutsche to offer sweet deal.

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Argentina Places Alternative Plan in U.S. to Settle Credit Litigation

Argentina is making an alternative payment plan to a U.S. appeals court in the U.S. for the settlement of a litigation with creditors that hold defaulted bonds and are demanding payment of $1.33 billion.

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Major Depositors in Bank of Cyprus Confirmed with Huge Losses

Largest depositors in Cypriot lender Bank of Cyprus are expected to receive bank shares worth just 37.5% of their deposits over 100,000 euros.

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Blackberry Dismisses U.S. Shareholder Lawsuit

Blackberry received approval from U.S. District Judge Richard Sullivan for the dismissal of a shareholder lawsuit that was accusing it was seeking fraudulent obscurity of its falling market position.

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Small Change in European Stocks Amid Cypriot Uncertainty

European stocks changed a little as Italy faces political deadlock while Cyrus struggles from uncertainty.

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Higher Stocks Markets in Asia for Good Friday

Asian stock markets were seen higher as the U.S. continues to report boost in economy.

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Eaton Vance Files with SEC to Offer ETMF

Eaton Vance Management has filed with the U.S. Securities and Exchange Commission to offer exchange traded managed futures (ETMF) in a bid to prevent front-running from making exploitation of the strategies.

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Redknee Completes Buyout of Nokia Siemens Networks' BSS Unit

Redknee has closed its deal to purchase the Business Support Systems business unit of Nokia Siemens Network.

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Oursel: Areva Could Buy Urenco

Areva chief executive officer Luc Oursel told French newspaper Le Figaro that they have interest in acquiring nuclear fuel producer Urenco.

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KKR in Exclusive Talks to Acquire French Brands Claudie Pierlot, Maje and Sandro

Sources say that KKR has been making a deal to buy a majority stake in French fashion brands Claudie Pierlot, Maje and Sandro

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Chinese Couple Settle Insider Trading Charger Over Nexen Buyout

A Chinese businessman, along with his wife, has agreed to settle charges of insider trading into the Cnooc's buyout of Nexen of Canada.

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NEC Corp. to Sell Mobile Unit To Lenovo

NEC Corp. says it is planning to sell its its troubled mobile phone unit to personal computer venture partner Lenovo Group Ltd.as it continues to faces challenge from larger firms Samsung Electronics Co. Ltd. and Apple Inc.

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Gibson Guitar to Acquire 54.5% Share in TEAC Corp.

Gibson Guitar, a producer of electric guitars, says it was purchasing majority share in Japan's TEAC Corp. for 4.88 billion yen.

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Pegasus to Sell a Third of Shares in IPO

Turkish airline Pegasus Airlines will be launching an IPO of a third of its shares, with most of its stake to be allocated to foreign investors.

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Amazon.com to Acquire Book Recommendations Site Goodreads

Amazon.com Inc., world's biggest online retailer, is making a deal to buy Goodreads, a book recommendations site, as it starts into bookselling.

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