The Australian dollar fell to a three-year low due to the country's slow approval rates on home-loans.
Investors
Dole Food Chairman offers to buy company's shares
David Murdock offered its shareholders $12 per share in cash to buy shares of the company out of his or his family's ownership.
Hyundai Rotem (South Korea) goes public
Hyundai Rotem IPO is now official. KOSPI gives the go signal for Hyundai Rotem Co's IPO. This forecasts high gains for its majority holders Hyundai Motor and Morgan Stanley.
German court begins hearing as Euro stocks fall
European stocks fell as the German court began hearings on ECB's bond-buying proposal. Due to Bank of Japan's (BOJ) refusal to undertake programs for stimulus expansion, stocks from Europe fell.
Investors disappointed at BOJ's stance, global stocks and bonds fall
BOJ's remained static on the issue regarding expanding the monetary stimulus, dissappointing foreign investors leading to a global fall of stocks, bonds, and commodities.
Latest News
SoftBank Corp. drove the growth of stocks in Asia led by Japan's gradual rise. (Photo : Reuters )Asian stocks declined and the euro plummeted to a three-week low against the dollar as fears of renewed recession in the United States forced investors to sell riskier assets.
The British construction company, Keller Group will be buying North American Energy Partners for its expansion in Canada.
Daniel Loeb claimed that his hedge fund owns the biggest in Sony Corp and proposed a breakup of said company.
Marfrig gets rid of it $6.1 billion debt burden, through JBS buy-out. (Photo : REUTERS)JBS employee Seara Brasil and Zenda, Marfrig's subsidiaries are sold to its rival JBS.
A US$20 billion investment is expected by Petronas for its LNG project with decisions to be finalized within this year.
Fannie Mae and Freddie Mac challenged the US through a lawsuit filed in the US Court of Federal Claims after stating that the takeover of the Federal Housing Finance Agency in 2008 was illegal and damaging to the companies.
Lululemon Chief Executive Officer Christine Day is said to depart from the retail company after recent departure of the firm's chief product officer.
Idemitsu Kosan Co. planned expansion in its Singapore unit even with an impending new refinery operation to start in Vietnam by 2017.
RWE AG is struggling to find potential buyers for Dea Oil according to people who are familiar with the matter.
