Ascendas Hospitality Trust is looking at investments in Japan according to its CEO, Tan Juay Hiang. (Photo : Reuters)This image shows a hotel in Japan.
Asia/Pacific
Bank of Japan focuses on J-REITs
Bank of Japan sets purchase ceiling of 140 billion yen for J-REITS. (Photo : Reuters)The image is a Japanese flag flying high. The Bank of Japan will be purchasing an increasing number of Japanese real estate investment trusts beyond its current purchase scheme.
Dole shareholders sue directors over privatization plan
Dole's shareholders sue the company's board to stop it from accepting a deal offered by the company's top executive.
Intas Pharma to do IPO
Intas Pharmaceuticals, the Indian drug manufacturer, would undertake an IPO. (Photo : Reuters)The image is the corporate logo of Intas Pharmaceuticals.
India Postpones Jet Airways Stake Sale to Etihad
The Indian government deferred the proposed stake sale of Jet Airways to Etihad as it seeks more information regarding the ownership of the local carrier.
Latest News
Kawasaki Heavy Industries fired its company's president Satoshi Hasegawa and announced ended talks for merger with Mitsui Engineering & Shipbuilding Co.
Gary Kenneth Toomey succeeded Nikos Kardassis as CEO for India-based Jet Airways. (Photo : Reuters)The image shows Jet Airways aircraft. Nikos Kardassis was succeeded by Gary Kenneth Toomey as chief executive officer of Jet Airways (India) Ltd.
Riverstone Holdings named James T. Hackett as new Partner. (Photo : Reuters)This is the logo of Riverstone Holdings LLC Private investment company Riverstone Holdings LLC announced on Thursday that James T.
India-based Apollo Tyres Ltd shares were down by 18% after the announced US$2.4 million deal to acquire Cooper Tire & Rubber Co. due to worries of the company's debt.
Apollo Tyres purchases the shares of Cooper Tire and Rubber to create the seventh largest tire company in the world.
Severn Trent rejection of the LongRiver consortium bid causes ripples in the mergers and acquisitions market as well as losses for hedge fund firms anticipating the buyout sale.
Rainfall in one of the world's main growing area of robusta coffee signals bearish bets as the industry stumbles, falling to its lowest level in almost a year and a half. The weather is expected to be more favorable for growers in Indonesia next week.
Thailand's CP ALL Pcl acquired Siam Makro Pcl after its shareholders agreed on the 189 billion baht ($6.1 billion) deal. This acquisition is considered to be the Southeast-asian nation's largest takeover in history.
More discussions between Rio and Glencore is said to have transpired after early talks were held for the venture of two thermal coal assets in Australia.
