Hyundai Rotem IPO is now official. KOSPI gives the go signal for Hyundai Rotem Co's IPO. This forecasts high gains for its majority holders Hyundai Motor and Morgan Stanley.
Sectors
Lightspeed Leads Series B for Kenandy Inc.
Lightspeed Venture Partners leads the Kenandy Inc Series B financing. (Photo : Reuters)The image is the corporate logo of Lightspeed Venture Partners. The market leader in SaaS-based ERP solutions, Kenandy Inc.
SoftBank Corp. raises offer to counter DISH bid on Sprint Nextel
SoftBank raised offer to acquire Sprint Nextel in an effort to expand the company's market outside Japan.
Prada sells well in Asia, to open more stores
Prada is opening at least 80 more stores after having an increase in profit driven by strong sales of its items in Asia.
Unemployment pulls Philippine stocks down
Due to high unemployment rates, the Philippines Stock Exchange Index fell 4.6 percent, its biggest loss since September 2011.
Latest News
European stocks fell as the German court began hearings on ECB's bond-buying proposal. Due to Bank of Japan's (BOJ) refusal to undertake programs for stimulus expansion, stocks from Europe fell.
BOJ's remained static on the issue regarding expanding the monetary stimulus, dissappointing foreign investors leading to a global fall of stocks, bonds, and commodities.
Indonesian stocks fall to a four-month low after the rupiah suffers a setback, falling to its lowest level in three years.
Given provisional approval, Britvic reconsiders its merger with AG Barr after significant synergies could have been generated if the previous merger between the two pushed through.
SoftBank Corp. drove the growth of stocks in Asia led by Japan's gradual rise. (Photo : Reuters )Asian stocks declined and the euro plummeted to a three-week low against the dollar as fears of renewed recession in the United States forced investors to sell riskier assets.
Global trades on bullion fell as the United States' credit outlook gets boosted by Standard & Poor's.
The British construction company, Keller Group will be buying North American Energy Partners for its expansion in Canada.
Daniel Loeb claimed that his hedge fund owns the biggest in Sony Corp and proposed a breakup of said company.
Marfrig gets rid of it $6.1 billion debt burden, through JBS buy-out. (Photo : REUTERS)JBS employee Seara Brasil and Zenda, Marfrig's subsidiaries are sold to its rival JBS.
