A research conducted by Savills Plc ranked Singapore as the best value city for foreign investment.
Sectors
Camelot nears privatization by raising its buyout offer
The management of software outsourcing company Camelot Information Systems raised its buyout offer to USD98.2 million.
JPMorgan to pay USD389 million in penalties
JP Morgan Chase & Co. was mandated to pay USD389 million in penalties and restitution after the bank was alleged in unfairly charging its customers for credit monitoring programs.
Samsung's Cheil to sell fashion unit
Chiel Industries Inc., a unit of Samsung Group, announced to sell its fashion business and focus more on electronics materials.
SquareTrade: Apple’s new iPhones seen less durable than the old iPhone 5
A test was conducted by SquareTrade to assess the durability of the new set of iPhones and have concluded that the new handsets break easily.
Latest News
The opening of trading at the Hong Kong Exchanges and Clearing Ltd. were delayed due to Typhoon Usagi and would resume trading in the afternoon.
The world's richest soccer club Real Madrid scrapped its soccer resort plan in UAE after payments defaulted with no provided guarantees.
New Treasuries demand showed a solid improvement following the retreat of Wall Street dealers and rising yields.
According to Philippine Central Bank Governor Diwa Guinigundo, the country had been prepared for the eventual stimulus reduction by the US Federal Reserve.
Brooklyn Brewery would open a brewery in Stockholm in collaboration with Carlsberg A/S, D. Carnegie & Co. and a few private investors.
AirAsia India investor Arun Bhatia said he would question the Tata-Singapore Airlines joint venture after claiming he and AirAsia head Tony Fernandes were not informed about the transaction.
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.
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.
