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Thai billionaire planning USD500 million IPO for F&N

Thai billionaire Charoen Sirivadhanabhakdi eyes USD500 million IPO for F&N REIT. Charoen Sirivadhanabhakdi, Thai tycoon and the country's third richest man, announced plans of an IPO for Fraser and Neave (F&N) REIT.


ING’s Asia divestment plan nearing conclusion

MBK agrees to buy ING's South Korean unit to bring the latter's Asia exit plan closer to conclusion.

Axiata Group planning IPO of assets

Malaysia's largest mobile phone operator has planned an IPO of its telecommunications tower assets.

Yosemite 'Rim Fire' a challenge - Forest Services

As firefighters scrambled to contain the wildfire north of Yosemite National Park, strong winds and the dry terrain threaten to spread the fire to other parts of the forest.


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Responding to "Hunger Games" star Liam Hemsworth's burger claim, White Castle, through its representative, proposed a USD20,000 challenge for charity.
Fresh from her highly-criticised MTV VMA performance on Sunday, a new Miley Cyrus single topped iTunes' most downloaded digital singles.
OSX Brasil names new CEO. As Eike Batista's OSX Brasil SA prepares to deploy an oil platform to back $500 million in bonds, the company has named a new CEO.
NY State Attorney General files lawsuit against Trump investment school for operating without a license.
Amgen acquires Onyx Pharmaceuticals for $10.4 billion. Declining sales of its flagship product pushed Amgen to a $10. 4 billion purchase of Onyx Pharmaceuticals, concluding the two-month-long auction of Onyx.
Lamar Odom's decline in game was attributed to drug use according to TMZ.com. According to show business news website TMZ, Lamar Odom's drop off in performance after being released by the Los Angeles Lakers was not about age.
Top Chinese banks had been expecting to win approval for negotiable certificates of deposit worth CNY10 billion.
The State Bank of India announced that it had expected to receive a total of INR4 billion in recapitalization from the government.
There were more than 110 China brokerages that would undergo government probe after Everbright Securities made a CNY23.4 billion buy order error.
Reliance Life announced to sell a 5% stake to private, public and cooperative banks. Reliance Life, a private insurer operating in India, said that it had planned to explore distribution tie-ups with a number of banks.