Asia/Pacific
KKR to manage TPSF for shareholders
TPSF shareholders announced that KRR will manage US$78 worth of assets. Shareholders of PT Tiga Pilar Sejahtera Food Tbk (TPSF) announced that they have signed a definitive agreement with KKR (Kohlberg Kravis Roberts).
Summer takes its toll on Hong Kong's stock market
Hong Kong's stock market was adversely affected by the summer lull. The summer vacation seemed to have penetrated the stock market in Hong Kong. The summer lull sent trading volumes to its lowest point Monday since September 4, 2012.
Philippine stock market rose due to President Aquino's SONA
PNoy's SONA gave a boost to the Philippine stock market. The fourth State-of-the-Nation Address (SONA) was recently given by Philippine President Benigno Aquino III.
Beijing Restaurant accepts lease buy out, CVS moves building of Duluth site next year
With the Beijing Restaurant accepting a lease buy out, building of CVS Pharmacy in Duluth site has been moved next year.