Holcim restructures Indian operations in an attempt to cut costs. Sweden-based cement maker Holcim has announced its plan to restructure Indian operations by increasing the company's stake in Ambuja Cements Ltd.
Asia/Pacific
Economists see China easing monetary policies
China may ease up on its monetary policies soon, says watchers. The eyes of economists keen on Asian markets are now focusing intently on what China is going to do next after the government earlier announced fiscal stimulus measures to fire up its weakened economy.
Lloyds Banking Group mulls sale of Australian assets
Sources said that Lloyds Banking Group was now considering offloading its lackluster Australian business units to other investors.
Taiwanese official says a large prive equity fund went to scout the companies of his country
Jim Wang of the Taiwan Merger & Acquisition and Private Equity Council said that an executive that handles George Soros' Asian funds visited Taiwan.
Z Energy to raise US$717 million through IPO
Z Energy Ltd. of New Zealand said that they are planning to raise US$717 million through an initial public offering.
Latest News
Indian motorcyle maker Hero MotoCorp experiences fourth straight quarterly decline in net profit. Indian motorcycle company Hero MotoCorp reported a 10.
Mitsubishi UFJ plans to offer its Thai branch for a controlling stake in Bank of Ayudhya. Mitsubishi UFJ Financial Group Inc. has decided to offer for sale of its Thai branch to Bank of Ayudhya Pc1 for an 8% stake in the company, according to three sources familiar with the deal.
Apple's big sales boosted shares of its Asian suppliers. Despite strong sales from Apple in the general Asian market, the company's suppliers of screens and micro chips from the region are worried for the long term.
Samsung contracted a different graphics processing unit company for its new Exynos 5 Octa chip. South Korean electronics giant Samsung Electronics announced today that it will be using a new graphics system with its release of the Exynos 5 Octa chip.
Samsung announced the launch of their new tablet product in the highly contested Indian tech consumer market.
Sanofi India Ltd. and the Carlyle Group are in separate negotiations for the purchase of Elder Pharmaceuticals Ltd domestic drug formulations business.
According to analysts, Apple and Samsung might strike a deal to stop the ongoing smartphone patent wars between the two tech titans.
A fire broke in one of Samsung's plants today. As if bad home market satisfaction weren't troubling enough for the Korean smartphone makers, a fire broke out at one of Samsung Electronics' plants in South Korea today.
Apple reported a 14% decline on its sales in China due to the increasing popularity of cheaper android phones and local brands.
