Sources said the Federation of National Public Service Personnel Mutual Aid Associations in Japan is looking to consider a shift in policy that would allow them to invest more in stocks and less in government bonds.
Regions
Sony says no to Loeb proposal of partial sell of entertainment unit
The board of directors of Sony Corp said no to the proposal of Daniel Loeb to partially sell its entertainment business.
Allegis Capital reveals four new Venture Partners
Allegis Capital stated that it has appointed Nawaf Bitar, Dr. Hossein Eslambolchi, Tom Gillis, and Jeffrey Williams as its new venture partners.
Branded Reality secures investments from The North West Fund
Branded Reality revealed that it had secured an investment from The North West Fund for Digital & Creative.
Vivint Solar raises US$200 million in tax equity funds
Vivint Solar stated they have gathered US$200 million in two new tax equity funds that would be used to fund solar power platforms on residential rooftops.
Latest News
EZE Trucking, with the backing of Atlantic Street Capital, acquired Rig Runners. EZE Trucking together with Atlantic Street Capital, a private equity firm, announced they have acquired Rig Runners.
Jones Lang LaSalle stated it wanted to acquire Capital Realty in an effort to expand its industrial market presence in the Kansas metropolitan area.
Sources said Neiman Marcus Group had now enrolled several banks to help it in its IPO. Sources close to Neiman Marcus Group Inc. said the luxury retailer had now hired several financial institutions to help them on an initial public shares offering.
Third Point announced they want to put up around US$322.20 million in its IPO to bolster its underwriting capacity.
According to a report by Ernst & Young, 391 merger and acquisition deals with a combined value of US$15.2 billion were recorded in the first half of 2013.
Shanghai Tower's top beam was recently installed and now the interiors are to be completed. The tallest building in the financial district of Shanghai and all of China is nearing completion.
HSBC's stock falls as it advises diplomatic missions to close their accounts with their bank. HSBC had reported lower than expected earnings last Monday.
Newsweek, after announcing it would end its print edition, was sold to online news giant IB Times for an undisclosed amount.
IBT Media ends weeks of speculation as it acquired Newsweek under undisclosed financial terms. In an announcement, IBT Media confirmed that it had reached a deal that acquires Newsweek from IAC/InterActiveCorp.
