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Apple purchases Tel Aviv-based PrimeSense for USD345 million - report

According to a report written in Hebrew at Calcalist, Apple acquired the company that helped develop the original Kinect of Microsoft for USD345 million.


Analysts skeptical about turnaround time to overhaul, implement China's IPO system

Although China's support to overhaul the current system of registration-based stock issuance, analysts said it might take a long time for the new system to be adopted.

First Defiance Financial may attract acquisition offers - analyst

An analyst on the US stock analysis market website SeekingAlpha.com said smaller, regional banks like First Defiance Financial for example, could be attractive takeovers targets.

Corrected - Globe claims Bayantel buyout legal and aboveboard

Globe Telecom Inc legal counsel Froilan Castelo said his company did not violate anti-competition laws about the firm's acquisition of smaller rival Bayan Telecommunications Inc.


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The government of the Philippines would be launching an online portal designed to provide information on how foreign assistance had been spent, especially for the government's response to help the victims of Typhoon Haiyan.
US investigators assigned to the hacking incidents done by Anonymous have yet to determine the scope of the cyber campaign of the hacker collective on the state's government agencies.
According to sources who were familiar with the proceedings, the government of Japan will be making the USD1.2 trillion Government Pension Investment Fund (GPIF) exist as a separate entity in order to diversify its investments.
A VentureBeat article urged startups to push for involvement in the drafting of the Trans-Pacific Partnership (TPP) Agreement to ensure that provisions in the trade agreement are not biased.
A report by the coordinated efforts of MoneyTree, PricewaterhouseCoopers and the National Venture Capital Association indicated an increased activity in seed investments in venture capitalists.
Becky Pritchard conducted an investigative report for the Wall Street Journal about how private equity had embedded itself deeply in an average consumer's life.
Private equity and hedge fund firms had set their sights on placing bets in infrastructure projects, stalled government transportation projects like railways and ports in particular.
Australian Workers Union head Paul Howes said the need for Australia to have a fresh injection of capital was more important than considering the sentiments of union workers at GrainCorp regarding the sale of the company to US-based Archer Daniels Midland.
Ireland's largest stockbroker Davy Group bought rival Prescient Asset Management Holdings Ltd. for EUR2 billion. This is Davy's second raid against competitors after it acquired a stake in Bloxham Stockbrokers last year.
Singaporean investment firm Temasek divested its holdings in US-listed companies Facebook, Monsanto and Air Products & Chemicals. The private equity firm, however, remains focused on energy, healthcare and technology stocks in the US.