Lockheed Martin announced that it is developing a plan to make the upgrades of equipment that will be used by next-generation helicopters of the US Army more convenient and less expensive.

The Indian government decided to postpone its 5% divestment proposal in BHEL for the time being. Plans of the Indian government to divest in BHEL were shelved today citing the company's low share price.

Del Monte invested US$13 million in a banana plantation in Maguindanao province, according to recent reports.

South Korean retail chain Shinsegai said that it will continue to invest in the local market this year to boost local demand.

Private equity firm M/C Partners announced the completion of its sale of Baja Broadband to Telephone and Data Systems Inc in a transaction worth USD 267.5 million.

The governments of New Zealand and Taiwan created the Pan Pacific Capital Fund, a joint venture capital which is the first of its kind.

For the first time in over six years, activity in the services sector in the UK grew to its fastest pace.

Nine more banks were hired by Barclays to manage its rights offering next month worth GBP 5.8 billion or USD 8.9 billion.

Samsung lost US$1 billion in market value after the US President Barack Obama vetoed the import ban on Apple's products.

According to data by the Financial Supervisory Service, Chinese investments in South Korea's local securities increased 42 times since late 2008.