Foreign investors purchased a large volume of domestic South Korean bonds equalling net stock sales to foreign buyers overall.
Sectors
Rona Sells Off Divisions
Rona Inc, the home improvement retailer, has agreed to sell off specified business areas to Emco. (Photo : Reuters)The image is the corporate logo of Rona Inc.
Rabobank CEO Set to Leave in 2014
Rabobank CEO Piet Moerland is set to step down by 2014. (Photo : )The image is the corporate logo of Rabobank. Dutch cooperative lender Rabobank, which is in the midst of the LIBOR interest rate scandal, has announced that its CEO Piet Moerland would be leaving the financial institution by next year.
US and European Regulators Approve Delta-Virgin Airlines Partnersip
Both antitrust regulators on both sides of the pond approved the sale of 49% of Virgin Atlantic to Delta Airlines.
Deals of the day - M&As
The following bids, mergers, acquisitions and disposals were reported on Thursday. The following bids, mergers, acquisitions and disposals were reported on Thursday.
Latest News
Patrick Wolff is betting that China's markets would crash. (Photo : Reuters)The image is a Chinese bourse board in the red. Patrick Wolff, the chess master who became a hedge fund manager is predicting a stock market crash to happen in China.
Al Baraka Bank of Bahrain to issue US$200 million sukuk bond. (Photo : Reuters)The image is the corporate logo of Al Baraka Bank. The Turkish unit of Al Baraka Bank is working on a US$200 million sukuk.
Citigroup named Zdenek Turek as new head of its Western Europe operations. (Photo : REUTERS)Citigroup Inc, which has lagged behind its peers in recovering from the financial crisis, said it is cutting 11,000 jobs worldwide, about 4 percent of its staff, to save as much as $1.
Combat Gent announced today that it has received $1.84 million in seed funding. (Photo : Reuters)This is the logo of Combat Gent. Online men's merchandise retailer Combat Gent received $1.
PricewaterhouseCooper, the administrators over the Lehman Brothers Europe post 2008, has announced the payout of a partial sum for unsecured creditors.
Tech Valley Communications announced the hiring of Robert Cochran as its new senior director of sales engineering.
Clearlake Capital Group acquired Chicago EDD company Inventus. (Photo : Reuters)The image is a server data storage and processing system. Clearlake Capital Group bought Chicago-based Inventus today.
The Carlyle Group acquires Italian generator company Marelli Motori. (Photo : Reuters)This is an image of the Carlyle Group's logo. The Carlyle Group has closed the deal to acquire Marelli Motori from previous owner Melrose Industries.
Fitness company Surge Performance Training acquires $750,000 in capital funds. (Photo : Reuters)This is an image of people working out. Surge Performance Training, responsible for several celebrity trainings, emerged from stealth today, saying it has raised $750,000 in seed funding.
