Reports said that investments in the Philippines increased by almost 40% after six months. Asia's 'rising economic tiger' posted another increase in local and foreign investments as four major placement agencies approved businesses today.

Direct Line Insurance Group gained profits after lower claims mitigated offset placements. The United Kingdom's largest insurance provider for homes and automobiles, Direct Line Insurance Group, said that weather events in the country prevented the lowering of investment returns.

Two confirmed cases of cyclospora in Louisiana were confirmed and now the disease could become an outbreak.

Five investment projects were approved by Malaysia's National Key Economic Area today. Five new projects in Malaysia with a total investment value of RM388.

Thoma Bravo completed its purchase of Intuit Financial Services to recreate Digital Insight. Private equity firm Thoma Bravo announced the completion of its purchase of Intuit Financial Services.

Reuters said that Apple CEO Tim Cook and China Mobile chairman Xi Guohua recently met to talk about "matters of cooperation."

Analysts said that China Mobile would play a huge part in China's explosive mobile growth which would allow investors to continuously gain profit.

H&M finally launched its online store after its 13-year stay in the country. H&M, a Swedish fashion retailer, finally launched its own e-commerce site August 1.

The managed assets of the largest publicly-traded hedge fund in the world shrunk by as much as USD 52 billion in the first half.

Thomson & Reuters data revealed 2013 to be a weak year so far for international mergers and acquisitions.