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China pension fund returns tumble in 2011 on sluggish markets

China's National Social Security Fund (NSSF) saw its annual investment return tumble to 0.8 percent last year, from 4.2 percent in 2010.


U.S. buyout firms eye stake in Australia's Pact-sources

U.S. buyout firms Blackstone Group, Carlyle Group and KKR & Co are talking to banks on potential bids for about half of Australia's Pact.

Microsoft to buy Yammer for more than $1 billion: WSJ

Business software company Yammer Inc has agreed to sell itself to Microsoft Corp for more than $1 billion.

Cathay Fin says to raise up to $1.3 bln for China growth

Cathay Financial, Taiwan's top financial holding firm, will raise up to T$40 billion ($1.33 billion) to acquire rivals or build partnerships in China.


Latest News

Nokia has agreed terms for EQT VI, part of the leading private equity group in Northern Europe, to acquire Vertu.
Trucking company Arkansas Best Corp will buy Panther Expedited Services from private equity firm Fenway Partners for $180 million including debt .
Venture-capital firm Kleiner Perkins Caufield & Byers asked a California state court on Wednesday to dismiss a discrimination lawsuit by partner Ellen Pao.
EU antitrust regulators are expected to set out their objections to Universal Music Group's $1.9 billion bid for rival EMI's recorded music unit in the coming days.
British oil firm Cairn Energy (CNE.L) said it agreed to buy UK-focused Nautical Petroleum (NPE.L) for 414 million pounds.
Danish wind turbine maker Vestas Wind Systems (VWS.CO) is to sell a tower factory in Denmark to Chinese group Titan Wind Energy 002531.SZ for an undisclosed sum.
Asia private equity fund Unitas Capital said on Wednesday it will invest $162.4 million on a significant minority stake in South Korea's NEPA Company Ltd.
Starved of finance from hard-pressed banks, private equity firms in Europe are sounding out yield-hungry pension funds, insurers and sovereign wealth funds as alternative sources of the finance they need to do deals.
Have you ever heard of the richest man in Africa? Compared to Bill Gates or Warren Buffett, construction tycoon and the richest man in Africa, Aliko Dangote, is not that well known.
At Apple’s WWDC on Monday, Apple revealed its map service for iOS6 and some features like 3D view.