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Chinese insurer Anbang to pay $1 billion for majority stake in South Korea's Tong Yang

China's Anbang Insurance Group has agreed to pay 1.13 trillion won ($998 million) to take a controlling stake in South Korean's eighth-largest life insurer Tong Yang Life Insurance, Tong Yang said on Tuesday.


Spain's Caixabank to make full takeover bid for Portugal's BPI

Spain's Caixabank said on Tuesday it would launch a full takeover bid for Portugal's BPI, paying 1.329 euros ($2) per share for the 55.9 percent of the lender it does not already own.

U.S. companies can avoid slow torture of Venezuela devaluations by taking one big hit

American companies tired of seeing their earnings badly hurt by Venezuela’s crumbling bolivar currency system, can - with the stroke of a pen - get rid of much of the problem.

EXO Members Kris, Luhan Join Forces vs SM Entertainment Lawsuit? Singers' Beijing Legal Team Calls SM Unreasonable, Unfair

EXO former members Kris and Luhan will face another court-ordered mediations with SM Entertainment on February 27. The singers' Beijing Legal Team released an official statement defending their clients against SM's accusations.


Latest News

The Dancing With The Stars pro and former love birds, Maksim Chmerkovskiy and Peta Murgatroyd are rumored to be dating again after being spotted arm in arm walking down the wintery streets of New York late last month.
Nick Cannon filed for divorce from Mariah Carrey in December. While waiting for the result, he's reportedly started dating either Nicole Murphy or Nicole Scherzinger. Meantime, there are claims that Mariah is suffering another breakdown because of her failed relationship and career status.
Fans unlocked the "Fight Back" trailer and it suggests that Caleb might be on the enemy's side now.
Android 5.0 Lollipop update is now available for Samsung Galaxy Note 4. Several enhancements have been included in the update including simplified UI elements and enhanced apps. Owners in the US have to wait for their mobile carriers for the update.
New details have surfaced from an unofficial source about the upcoming Star Wars Battlefront. The leak shared some details about the game, which fans and gamers should look forward to.
Samsung Galaxy Note 4 begins latest Android 5.0.1 Lollipop update in Poland and South Korea. The move has been called a "beta test" before extending it to other countries worldwide to see if there are kinks needed to be ironed out.
Khloe Kardashian dates French Montana on Valentine’s Day and receives a bouquet of roses and a diamond ring but her estranged husband is also trying hard to get her back.
The euro skidded on Tuesday after a collapse in talks to secure a new debt deal for Greece kept markets guessing about the next chapter in the nerve-wracking saga as Athens tries to secure improved terms with its creditors.
Average new home prices in China's 70 major cities fell for the ninth straight month but showed some signs of stabilizing in the top cities, signaling an improvement in market sentiment after the central bank cut interest rates and lender's reserve requirements.
Brent crude extended its rally on Tuesday, moving further away from six-year lows hit in January, but some analysts warned that prices had risen too far and could face a downward correction.