Hong Kong's Wing Hang Bank Ltd. and Chong Hing Bank Ltd. might go on sale after valuations approached levels that were last seen during the 2008 global financial crisis.
Investors
BlackBerry's BB10 sales fail in India
The sales of BlackBerry BB10 devices in India dropped to more than half so far this year, said a report from The Economic Times.
Real Madrid cancels USD1 billion Ras Al Khaimah soccer resort plan
The world's richest soccer club Real Madrid scrapped its soccer resort plan in UAE after payments defaulted with no provided guarantees.
Strong Treasuries demand seen as institutions bid for 83% of bond sales
New Treasuries demand showed a solid improvement following the retreat of Wall Street dealers and rising yields.
Philippines is ready for Federal Reserve's stimulus reduction
According to Philippine Central Bank Governor Diwa Guinigundo, the country had been prepared for the eventual stimulus reduction by the US Federal Reserve.
Latest News
Wang Jianlin announced his biggest single investment in the movie and television industry valued USD8.17 billion.
An official from the Czech mining group New World Resources said on Sunday the company would close a deal to put its coking plant on sale by year's end.
In an agreement with United Development Company, Qatar National Bank entered a credit loan facility to purchase units at The Pearl-Qatar.
R Hotel's investment plan is to expand its hotel line from three to six with an AED1.5 billion investment.
Germany based ThyssenKrupp denied a Focus report regarding a potential sale of its automotive unit. ThyssenKrupp is a German steelmaker based in Essen, Germany.
PE firm JC Flowers had expressed its interest in Lloyds' TSB unit according to a Sunday Telegraph report without citing sources.
India Infoline Finance Ltd. said today that it had raised INR900 million through a public issuance of secured redeemable non-covertible debentures (NCD).
Senaat, because of surging stock values, had engaged the services of banks to run its IPO. Senaat, Abu Dhabi holdings firm, owns companies such as National Petroleum Construction Co, has engaged the services of HSBC Holdings Plc and JP Morgan Chase & Co for a share sale.
Aegis is looking at Asia, Europe and South America for possible acquisitions called 'tuck-ins'.
