Daiwa House Industry Co. would raise about US$1.37 billion through share sale which would be the biggest stock sale by a property business.
Tags: China
Chinese firms defend unpopular mega projects
Representatives from several Chinese firms defended their unpopular mega projects in Myanmar. In a press conference held in Rangoon, Myanmar yesterday, the Embassy of China and several representatives of Chinese state-owned companies issued a statement regarding the mega projects being developed in the country.
Surging demand for gadgets rewards Asian chipmakers
Asian chipmakers were expected to earn more due to the increasing demand for gadgets. Asian chipmakers were set to take advantage on a major change in the unstable industry.
China Puts Pressure on Singapore's Temasek
China's current slow growth put pressure on Singapore's Temasek. Temasek Holdings Pte Ltd. came under pressure to force the review of its exposure to Chinese banks in the wake of China's current financial and economic conditions.
China: Credit Cut off to Rebalance Economy
Friday last, China announced that it would cut off credit to force consolidation in industries. Last Friday, China announced that it would cut off credit to force consolidation in industries.
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The European Union and China hope to defuse conflicts by negotiating about a solar panel deal. On Friday, the European Union and China were finally moving in the direction of a new contract.
Money influx hurt China money market rates. Money market rates fell after the Chinese government announced injection of funds into an interbank market system.
China probes Tetra Pak for possible market dominance China probes Tetra Pak, the world renowned Switzerland-based food-packaging company for any possible abuse when it comes to market dominance.
Two food giants, Nestle and Danone faced China's probe on the food sector for unethical practices with price cuts on infant milk formula.
Temasek Holdings, an investment company belonging to the Government of Singapore, hold on to their stocks of China's top banks.
Actis Capital sold majority stake of Vesta to Illinois Tool Works Inc. (Photo : Reuters)This is the logo of Illinois Tool Works Inc. , which acquired Vesta, a Chinese kitchen equipment maker.
Chinese firms advanced after its stocks rose following the rally of consumer discretionary companies, property developers and coal producers.
GSK under scrutiny from China's NDRC. (Photo : Reuters)GSK under probe in China The National Development and Reform Commission or NDRC began a survey concerning production costs of over 60 firms situated in China.
Chinese entrepreneur Cai Rongjun became a billionaire after his touchscreen manufacturer company advanced its stocks.
