Western Cape said that it attracted R4.4 billion worth of foreign investments. (Photo : Reuters) The management of Western Cape announced today that has successfully attracted foreign investment worth R4.
Sectors
Japanese firm Lixil buys American Standard
Lixil acquired American Standard in a $542 million buyout. (Photo : Reuters)The image is a sample of an energy efficient kitchen. ASD Americas Holding Corp will be bought by Lixil Group Corp.
UBS extends lead through Southeast Asian boost
Swiss bank UBS remains on top of Asia-Pacific equity capital market through the boom in Southeast Asian countries.
Brevan Howard trader involved in Libor probe exits hedge fund
Brevan Howard's trader who was supposedly involved in Libor investigation left the hedge fund. (Photo : Reuters)Citigroup official logo On Thursday, hedge fund, Brevan Howard, disclosed that it lost a trader who is supposedly associated with a large scale rate-rigging scandal.
Air Canada dismisses debt repurchase plan
Air Canada terminates a tender offer to buyback some bonds after Fed Chairman triggered sell off. (Photo : Reuters)Air Canada jets as they get ready to take off.
Latest News
Swiss bank UBS boosts its commodity trade finance as it makes cuts in investment banking. (Photo : Reuters)The image is the UBS sign on its corporate headquarters.
PSPIB and Segro partnered to form new venture. (Photo : Reuters)This is the logo of Segro. The United Kingdom's biggest publicly traded proprietor of industrial assets Segro Plc (SGRO) ventured with Canada's Public Sector Pension Investment Board.
China continues to get better as their credit crunch improves through central bank's efforts. (Photo : Reuters)The image is a bank teller counting yuan.
Tremor Video announced the completed pricing of its initial public offering valued at US$10 per share piece.
The upbeat statistics on shares, bonds and oil continue to improve after US central banker's attempt to ease fear.
Zalando, an online clothing retailer said that banks contacted the company several times for a possible initial public offering.
Jindal Steel is in negotiations to acquire an iron ore mine in Liberia as the country seeks for more foreign investors to boost its economy.
Royalty Pharma held internal discussions about making a new bid for Elan Corp according to four sources.
Ernst & Young LLP estimated a HK$100 billion proceeds if Alibaba Group Holding Ltd pushes through with an initial public offering in Hong Kong this year.
