Archives

Blackstone to seek $13 billion for global real estate fund

Blackstone Group LP (BX.N), the world's largest private equity investor in real estate, is preparing to seek around $13 billion for its next flagship global real estate fund, in line with its predecessor fund, according to people familiar with the matter.


Adani taps Morgan Stanley to help sell Australia port stake

India's Adani has appointed Morgan Stanley to advise on the possible sale of a stake in its Abbot Point coal port in Australia, as it looks to raise funds to help finance a A$7 billion ($6.2 billion) mine, rail and port project.

Japan's SoftBank buys $627 million stake in Indian online retailer Snapdeal

Japanese telecom and media group SoftBank Corp has agreed to buy a $627 million stake in Indian online retailer Snapdeal, seeking to tap into potentially huge e-commerce growth in the market with the world's third-biggest Internet user base.

Samsung heir apparent moves to tighten grip on group firms

Samsung Group heir apparent Jay Y. Lee is moving to acquire small stakes in two of the group's financial firms, which analysts say will help the scion solidify control of South Korea's largest conglomerate as a succession looms.


Latest News

Alibaba Group Holdings Ltd (BABA.N) executive chairman Jack Ma said he's open to working with Apple Inc (AAPL.O) on mobile payments, as China's richest person prepares to call on Hollywood this week in search of media partners.
The trailer for 'Batman v Superman' is apparently finished and ready to be shown, probably in December alongside the last installment of 'The Hobbit.' While filming hasn't wrapped up yet, it is rumored that Jenna Malone could join the cast as a female Robin. Meanwhile, Jesse Eisenberg is in talks to play Lex Luthor again for a different movie.
The European Central Bank spent 1.704 billion euros last week on covered bonds under a new purchase program with which it hopes to foster lending to businesses and thereby support the euro zone economy.
News apps are helping users share information about sights and hidden gems in cities and countries around the globe so other people can benefit from their knowledge.
A Democratic U.S. Senator from Oregon supports legalizing the recreational use of marijuana and will vote “yes” to a state initiative next week that would let adults consume pot for fun, his office said on Monday.
Voting is now open for Mnet Asian Music Awards 2014. Taeyang, EXO, and Ailee are curretly in the lead in some of the major award categories.
Chiquita Brands International Inc (CQB.N) agreed on Monday to a $682 million takeover by Brazilian juice maker Grupo Cutrale and investment firm Safra Group, with the U.S.-based banana producer going private early next year at the latest.
Japanese retail sales rose 2.3 percent in September from a year earlier, government data showed on Tuesday, suggesting consumer spending is gradually picking up.
After filing a awsuit against SM Entertainment in May and leaving the agency's megagroup EXO, Kris (Wu Yi Fan) is reportedly having a hard time finding an agency in China, due to his image as a "deserter."
China's top trainmakers, China CNR (601299.SS)(6199.HK) and CSR Corp (601766.SS)(1766.HK), are planning to merge as the country aims to promote its high-speed train technology abroad, the China Securities Journal reported on Tuesday.