Australia's Straits Resources Ltd plans to sell some of its Asian energy and trading assets in an initial public offering of around $US400 million ($A529 million) in Singapore in the fourth quarter, sources close to the deal said.
BluGlass Ltd will focus on proving that its technology to cut the cost of manufacturing gallium nitride is commercially viable after making a strong debut on the Australian Stock Exchange.
Japan and six Gulf nations comprising the Gulf Cooperation Council began to discuss their bilateral free trade agreement during the first round of talks in Tokyo, Japanese Foreign Ministry said on Friday.
Japan will embark on revision of labor system in an effort to encourage growth of the foreign labor force.
The US dollar continues to be the appropriate anchor for the Hong Kong dollar for the foreseeable future and no change is needed......
Mukesh Ambani-led Reliance Industries Limited (RIL) is all set to make a mega investment, running in thousands of crores, in developing an integrated port on India's western coast of Gujarat.
Stiffer penalties, including enhanced fines and imprisonment, as a deterrent against violations by corporates and provisions ensuring greater transparency and accountability will form part of the comprehensive Companies Law Amendment Bill that is proposed to be tabled in Parliament in the winter session.
Basmati rice grown in Uttaranchal will now be exported to European countries and also to south Indian states, state Agriculture Minister, Mahendra Singh Mahra, has announced.
Smart Telecom Plc today confirmed the conclusion of its strategic review, which was announced at the companies AGM on 8th September.
Barry Stowe was today announced as the Chief Executive of Prudential Corporation Asia. Stowe is currently the President for Accident & Health Worldwide for AIG Life Companies.
Industrial and Development Bank of India (IDBI) which has won the race for acquisition of ailing United Western Bank (UWB), held a board meeting on September 21 to discuss the Reserve Bank of India's (RBI) draft scheme for amalgamation, even as global rating agency Standard & Poor's has warned that UWB's huge bad loans may affect the acquirer's financial profile negatively.
Hong Kong internet and telecoms tycoon Rechared Li, chairman of Pacific Century Group Holdings Ltd (PCG), attracted people's eyes......
Consumer groups are protesting government proposals to cut Medicaid health care funding by about $30 billion over the next ten.
Gridlocked cars. Noxious traffic fumes. Indonesia's capital is crying out for a new transport network, but stop-start plans for a monorail illustrate the country's chequered efforts to build badly needed infrastructure.
Global publishers, fearing that Web search engines such as Google Inc. are encroaching on their ability to generate revenue
Billionaire Virgin Group Chairman Richard Branson on Thursday committed an estimated $ 3 billion over the next 10 years, or all of the profits from his airline and rail businesses, to combating global warming.
The old cliche that when America sneezes the rest of the world catches cold is about to be tested and this time it may be just the U.S. economy that ends up with the major aches and pains.
Indian shares rose more than 1 percent on Thursday to their highest close in over four months on sustained buying in blue-chips such as ICICI Bank Ltd., ITC Ltd. and Hindustan Lever Ltd.
The FTSE 100 fell on Friday, with Wall Street seen extending losses after a Philadelphia Federal Reserve survey sparked concerns over U.S. growth and corporate profitability
Fund managers are keeping their cool in the face of Russian political risk as western oil majors come under pressure and state control of business grows.
Saipem SpA, an Italian oil services company, said Friday it won two new contracts in Peru and Saudi Arabia worth $1.42 billion.
Merck & Co Inc's Gardasil, the first vaccine to prevent cervical cancer, has been approved for sale in the European Union
Complaints against banks continue to rise, led by a rise in criticisms about loans and overdrafts and default charges
Elementis Group Plc, the Chemicals firm today announced Bob Beeston as its new Chairman effective immediately.
World's largest computer service company, IBM Corp. has announced that it will establish a new software development center in Calcutta, West Bengal, and hire upto 3000 new staff to meet the robust demand for outsourcing.
Nike Inc., the world's No. 1 sport shoe and apparel maker, on Thursday posted quarterly earnings above Wall Street targets, boosting its shares nearly 6 percent and easing some fears that pricey styles bearing its signature swoosh were losing their luster.
European Central Bank governing council member Erkki Liikanen said on Friday that vigilance was needed on inflation despite a sharp fall in oil prices.
Volkswagen and its German workers union are set to resume critical talks over planned wage cuts on Friday
New Star Asset Management said on Friday its assets under management rose 7 percent in the six months to the end of June
VAT cheats stole 12.6 billion euros, nearly 8.5 billion pounds, from the Treasury in the year to June, five times more than any other European Union country