Asia/Pacific

Toshiba acquires 76% stake from CyberGRID

Toshiba Corp. bought 76% stake in CyberGRID GmbH after its acquisition of Landis+Gyr in 2011 and Consert Inc. in February this year.


Softbank Bid For Sprint Applauded by FCC

Softbank Inc's bid for Sprint won the approval of the FCC. (Photo : Reuters)Softbank Corp won the approval of the FCC for its bid for Sprint Softbank's bid for mobile service provider Sprint Nextel Corp won the support that it needs from the Federal Communications Commission.

UPDATE: Suntory Climbs on Debut After US$4 Billion IPO

Suntory Beverage & Food rose as much as 2.9% in its Tokyo trading debut. (Photo : Reuters)The image shows workers at the Tokyo Stock Exchange. After raising almost US$4 billion in Asia's biggest public offering this year, Suntory Beverage & Food Ltd rose as much as 2.

Investors Sees Suntory IPO Pricey

Suntory Beverage & Food Ltd started trading today in a deal some investors said is too expensive.


Latest News

Philippine-based company AG&P closed its Series C investment round. (Photo : Reuters)The Philippine flag waves over a ship. Atlantic, Gulf and Pacific, more commonly called AG&P, has raised over US$53 million in Series C equity funding in its latest round of investment.
Mitsubishi UFJ is said to be seeking to make a deal with Bank of Ayudhya for possible acquisition (Photo : Reuters)Mitsubishi UFJ seeks to make a deal for acquisition of Bank of Ayudhya Mitsubishi UFJ Financial Group Inc is currently seeking means to acquire controlling stake of Thailand's largest bank which is Bank of Ayudhya PCL.
Stocks for Nintendo, Nidec and Murata will make the transition from Osaka to Tokyo mid July (Photo : Reuters)Tokyo Stock Exchange Group and Osaka Securities Exchange Co merger established early this year The Japan Exchange Group Inc.
Lend Lease Group agreed to sell its Melbourne shopping mall to Blackstone Group LP for US$332 million.
India Based Emcure Pharma files for IPO. (Photo : Reuters)Emcure Pharmaceuticals Ltd files for IPO India based Emcure Pharmaceuticals Ltd filed for an IPO or an initial public offer for its common stock.
Hong Kong shares may be affected because of the long weekend as based on China PMIs. (Photo : Reuters)Expected decline in shares after long weekend Surveys are showing that Hong Kong shares may return weaker after the long weekend based on China's factory sector which slowed to noticeable multi month lows.
Toshiba is set on expanding facilities for production for its NAND Flash Memory Chips. (Photo : Reuters)Toshiba plans underway for expansion of production site in Japan Toshiba Corp announced on Tuesday of its plans to expand the production facility for its NAND flash memory chips which are used in smart phones and in memory cards.
Brambles Ltd has reviewed a plan to exit its data management unit priced at Aus$2 billion. (Photo : Reuters)The image shows the Australian Securities Exchange logo.
France’s leading funeral services firm OGF got three takeover bids from private equity firms including Lion Capital, TDR Capital and Pamplona.
According to a report by the Nikkei business daily, a deal valued at 200 billion yen will take place this month as investors from Japan and Canada acquired a gas-fired power plant in Michigan.