China Construction Bank (CCB) (601939.SS) (0939.HK) has won approval to buy a combined 51 percent stake in Pacific Antai Life Insurance, the official Financial News reported on Monday.
A new Egyptian cabinet took office on Monday but the protest movement calling for the overthrow of President Hosni Mubarak said the changes were irrelevant.
Prime office rents in key Chinese and Brazilian cities will continue their economic growth-fuelled rise in 2011, a survey said, prompting global property investors to chase deals in those emerging markets.
[Gold] buying continued on fears the unrest in Egypt will spread across the Middle East, says Richcomm Global Services in Dubai. But Asia's gold market is less sensitive to what happened in Middle East compared to New York, said a Hong Kong dealer in a note this morning.
Investors have pulled out hundreds of millions of dollars out of riot-torn Egypt since the uprising began last week, leading to fears that if the crisis continues, Egypt may not have enough in currency reserves to prevent a longer-term economic and financial crisis.
ndia's environment ministry has conditionally approved an application by Pohang Iron and Steel Co. (POSCO), the South Korean conglomerate to construct a steel plant in the eastern state of Orissa.
The top pre-market NASDAQ stock market gainers are: NPS Pharmaceuticals, DepoMed, Xenoport, Sohu.com, and Glu Mobile. The top pre-market NASDAQ stock market losers are: Mattson Technology, Partner Communications, Savient Pharmaceuticals, Silicom, and CIENA.
The White House will announce an effort on Monday to encourage job-creating start-up businesses in hopes of reducing the country's stubbornly high unemployment rate.
Gold eased on Monday after posting its largest daily gain in eight weeks on Friday and while the market did encounter some safe-haven buying on the back of the unrest in Egypt, this was expected to be temporary.
European banks' total exposure to turmoil-ridden Egypt stands at around $40.3 billion, with banks in France and the United Kingdom being at greatest risk.
Futures on major U.S. indices point to lower opening on Monday amid continuing political unrest in Egypt.
For pick pockets here's a dare, London's luxury goods firm Dunhill has launched a virtually indestructible biometric wallet, that no one can steal and if by chance they steal, they can't open.
Fundamentals and nasty surprises are on investors minds heading into February, with big tests in the coming week about jobs and inflation and increasing worries over Egypt and its region.
Gold futures are likely to recover from their 13-week low this quarter and extend their rise further to breach 21,000 rupees by the end of the third quarter, analysts and importers said.
The number of U.S. companies filing for bankruptcy has plunged and financing is easier to get, but restructuring experts see plenty of trouble ahead in corporate America.
China has no need to revalue its yuan currency for trade reasons, as export growth will slow to a still strong 10 percent this year and its surplus is set to contract by 2015, its trade chief said on Friday.
China faces great pressure in securing its food supply in the next five years due to accelerating domestic demand, a senior official was quoted as saying in local media on Saturday.
As auto manufacturers begin to launch the initial wave of electric vehicles (EVs) into the market, investment in EV cyber security systems is also expected to go up drastically.
Investors are closely examining the financial details disclosed in LinkedIn Corp's IPO filing, trying to determine how much the company is worth.
Gold surged 2 percent on Friday, gaining as much as $40 per ounce in a knee-jerk rally as fears that unrest in Egypt would spread across the Middle East prompted safe-haven buying. It's the largest one-day gain in nearly two months.
Earnings reports and acquisition announcements took a back seat to the violent unrest in Egypt today, as U.S. stocks fall.
Bank of America Corp's Merrill Lynch unit has agreed to pay $10 million as part of a settlement with the U.S. Securities and Exchange Commission (SEC) that has accused it of fraudulently misusing customer orders so it could trade for its own benefit.