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Scuttled deals worth $580 billion put hedge funds on back foot

Hedge funds specializing in bets on mergers and acquisitions are starting to see investors withdraw funds, prompting them to take a more cautious approach after being caught out by more than 500 corporate deals globally failing this year.


Sony unveils web-based TV service PlayStation Vue

Sony Network Entertainment International LLC, a unit of Sony Corp of America, unveiled a new cloud-based TV service, PlayStation Vue, expected to be commercially launched during the first quarter of 2015.

Samsung Electronics chases curved smartphone wave to beat flat-screen crowd

Samsung Electronics Co Ltd aims to restore its crumbling lead in the global smartphone industry in part by ramping up high-end devices with curved screens full of advanced technology that's tough for rivals to replicate.

Wall Street edges up to records after Wal-Mart results

U.S. stocks inched higher shortly after the open on Thursday, as the Dow and S&P touched new record intraday highs following earnings from Wal-Mart and data on the labor market.


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A large group of professional forecasters cut their outlook for euro zone inflation and growth, underlining a trend that could prompt the European Central Bank to take more policy action to kick-start the region's flagging economy.
Three of China's top 10 banks plan to issue up to 60 billion yuan ($9.79 billion) of preference shares by the end of the year, according to filings with the Shanghai Stock Exchange.
China's Prime Minister Li Keqiang proposed a friendship treaty with Southeast Asian countries and offered $20 billion in loans on Thursday but held firm on the line that Beijing will only settle South China Sea disputes directly with other claimants.
Japanese financial services provider Orix Corp (8591.T) said it would buy accounting software maker Yayoi Co from private equity firm MBK Partners for more than 80 billion yen ($691 million), as it tries to expand its customer base into smaller companies.
Japanese companies overwhelmingly want Prime Minister Shinzo Abe to delay or scrap a planned tax increase, a Reuters poll shows, highlighting concerns that it could derail a fragile economic recovery.
Watch NBA live between the Sacramento Kings who will visit the Memphis Grizzlies Thursday night on November 13, 2014.
Jessica Lange, who had previously stated that the fourth season of 'American Horror Story' would be her last, is now open to one more season.
Craig Johnson, author of the novels that 'Longmire' is based on, has announced that the show may have a new network secured by December.
Watch NBA Live for free via online streaming between the Philadelphia 76ers on the road against the Dallas Mavericks Thursday night on November 13, 2014.
EXO-K and EXO-M recently had a dance showdown in their new commercial for a sportswear brand. Super Junior M's Zhoumi commended and thanked Chanyeol for his rap performance in "Rewind." Meanwhile, EXO leader, Suho, visited his close friend ZE:A’s Kwanghee in the latter's cooking show, "Love Recipe."