Sectors
Samsung loses US$1.05 billion in market value after Obama's iPhone, iPad ban veto
Samsung lost US$1 billion in market value after the US President Barack Obama vetoed the import ban on Apple's products.
Chinese-owned securities in South Korea jumps 42-fold
According to data by the Financial Supervisory Service, Chinese investments in South Korea's local securities increased 42 times since late 2008.
Ultra Electronics Holdings seeks expansion of non-military biz to fuel growth
Ultra Electronics Holdings announced the expansion of its non-military business to fuel growth as countries' defense spending drops.
NXT Capital's Corporate Financing Group creates new origination team
Corporate Financing Group of NXT Capital created Direct Originations Team today as part of its drive to seek new financing opportunities in the mid-market.
Latest News
Hasting Funds Management bought the entirety of Carmel Capital, including its subsidiary Phoenix Natural Gas.
Investec gave follow-up financing to 2M Group Limited today. Investec Growth and Acquisition Finance handed out a follow-up financing to 2M Group Limited, an existing client who owns Surfachem and Banner Chemicals.
TJ Maxx and its rival Off Fifth planned to launch an online store this year that was expected to boost the sales of the business.
South Korea expressed its concerns regarding the Obama administration’s decision to overrule a sales ban of Apple’s iPhone 4 and iPad 2.
According to research firm Canalys, the shipments for Android-based tablets exceeded the consignments for iPads from Apple Inc in the second quarter.
The Bank of Japan (BOJ) would most likely hold on to its present monetary policy as the Japanese economy shows signs of improvement, sources told Reuters.
Analysts said that if Nintendo's sales continue to drop, it would need to consider putting its games in app stores.
The Bay Area Rapid Transit workers union was poised to go on strike but was averted by the 11th hour intervention of California Governor Jerry Brown.
Data from Private Equity International and Thomson Reuters revealed that private equity companies are now Asia's new bankers.
The price cut in Microsoft's Surface Pro tablet would apply in several countries, but not in the UK.