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Mining companies brave tough US high-yield market

Pressure on the mining industry amid a global economic slowdown has not deterred a handful of mining companies from tapping the high-yield market with five deals emerging in recent weeks.


Historic Facebook debut falls short of expectations

The historic initial public offering of Facebook Inc did not go as planned on Friday. The historic initial public offering of Facebook Inc did not go as planned on Friday, as the social networking company's sky-high valuation combined with trading glitches left the stock languishing near its offering price at the market close.

Manulife, Metlife submit bids for ING Asia sale -sources

Manulife Financial Corp and Metlife are among the companies that have submitted first round bids for ING's entire Asia life insurance business, sources said on Saturday.

Apple gained ownership of iphone5.com, can we expect iphone5 soon?

But with Apple gaining the ownership of domain iPhone5.com, it may implicate the brand new iPhone is on the way.


Latest News

Global insurers Manulife Financial Corp, Metlife and Prudential Financial Corp are among suitors expected to place first-round bids on Friday to buy ING Groep's Asia life insurance unit in a deal worth about $6.5 billion to $7 billion.
Italian insurer Fondiaria-SAI has proposed share swap ratios for the planned merger with Unipol that would give its peer 61 percent of the new merged entity.
Bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies. The following bids, mergers, acquisitions and disposals involving European, U.
Private equity firm Carlyle Group is in talks to sell its stake in Taiwan's Ta Chong Bank to Yuanta Financial in a deal worth up to T$37 billion ($1.
Australian private equity fund Pacific Equity Partners (PEP) has approached potential buyers for its share-registry business Link Group.
The excitement of private equity opportunities in India, which reached fever pitch in 2007-2008, has crumbled.
As Facebook raised the expected range of the stock to $34-$38 per share, up from previous range $28-$35, those early investors are looking to cash out more shares.
British private equity firm 3i Group promoted investment chief Simon Borrows to the top job on Thursday.
Facebook co-founder Eduardo Saverin, who owns about 2% of the company, said he would relinquish his U.S. citizenship. This angered two U.S. senators.
Japan's biggest potential investment in U.S. agriculture can be summed up in a single word:China.