News

Note: This section contains information in English only.
Tue, 23 Oct 2018 13:29:48 GMT

Australian consortium kicks off IPO of online property services PEXA

Australian Macquarie-led consortium has launched an IPO of the online property services company PEXA, aiming to attract up to A$862M, according to float managers' statement.

Tue, 23 Oct 2018 11:58:13 GMT

Vietnam picks Communist Party head as President

On Tuesday, the General Secretary of the Vietnamese ruling Communist Party Nguyen Phu Trong has been elected as the country's President, becoming the first leader to hold the two titles at the same time.

Tue, 23 Oct 2018 11:51:54 GMT

Ford to stop car production in Spain for nine days

The US auto producer Ford Motor is set to halt its vehicle production for nine days at its Spain's Almussafes plant in November amid lower demand for the company's vehicles.

Tue, 23 Oct 2018 11:36:14 GMT

Hanergy Thin Film to be taken private at $27B valuation

Hanergy Thin Film will be taken private by the group's parent Hanergy Mobile Energy in a deal valued at no less than $27B with the further relisting in China.

Tue, 23 Oct 2018 11:31:47 GMT

China's Ant Financial to invest $100M into StoneGo IPO

Brazil's card processor StoneGo stated in a Monday security filing that China's Ant Financial had committed to make an investment of $100M in the firm's planned initial public offering.

Tue, 23 Oct 2018 10:06:49 GMT

Saudi Aramco CEO speaks out about sovereign debt

The CEO of the state owned oil company Saudi Aramco revealed on Tuesday that investors no longer have concerns about a Saudi Arabian government default.

Tue, 23 Oct 2018 10:05:39 GMT

Saudi Aramco will sign new deals

On Tuesday, Saudi state owned TV announced that the Saudi Aramco company is set to sign new deals worth $50 billion during an investment conference in Riyadh.

Tue, 23 Oct 2018 09:37:23 GMT

Dreyfus' Biosev arm discusses selling more assets

The Brazilian ethanol and sugar producer unit Biosev, owned by Louis Dreyfus, is negotiating a sale of more assets in Brazil, seeking to trim debt.

Tue, 23 Oct 2018 09:34:35 GMT

Israel's Therapix Biosciences to be acquire for $48M

Canada's FSD Pharma is planning to acquire the Israeli firm Therapix Biosciences in an all=stock deal worth $48M that would combine two complementary units focused on the R&D of cannabinoid treatments.

Tue, 23 Oct 2018 08:28:03 GMT

J&J to acquire Japan's Ci:z in $2.1B deal

Johnson & Johnson, the US healthcare conglomerate, announced on Tuesday it would acquire all the outstanding shares of Japan's cosmetics company Ci:z Holdings in a deal valued at $2.1B.

Tue, 23 Oct 2018 08:17:02 GMT

Arconic considers $11B offer from Apollo

Arconic, the aluminium products maker, is thinking over a $11B takeover bid received from the buyout company Apollo Global Management, according to sources with the knowledge about the potential deal.

Tue, 23 Oct 2018 07:10:49 GMT

Constellation plans to sell its US wine brands

Constellation Brands Inc, the US maker of Modelo and Corona beers, claimed that it is considering to sell some of the company's US-based wine brands after the portfolio review in a deal which could be worth $3B.

Tue, 23 Oct 2018 07:05:54 GMT

Vertex Ventures invests in crypto exchange Binance

On Tuesday, Vertex Ventures claimed that it has invested in one of the largest cryptocurrency exchanges Binance to help the company launch an exchange service between digital and hard currencies in South East Asia.

Tue, 23 Oct 2018 06:39:29 GMT

Telefonica Deutschland urges to ban Vodafone-Liberty deal

On Monday, Telefonica Deutschland's head called on the EU regulators to ban Vodafone's planned takeover of Liberty Global amid concerns it could lead to the Germany's cable TV market "quasi-monopolisation".

Tue, 23 Oct 2018 06:38:49 GMT

Chemical-to-retail company Lotte Group to invest $5B

On Tuesday, South Korean chemical-to retail company Lotto Group claimed that it is planning to invest $5B in the nearest five years to expand sites in South Korea, the US and Indonesia.

Tue, 23 Oct 2018 04:41:18 GMT

Oil prices decrease on Saudi announcement

On Tuesday, crude oil prices declined, as Saudi Arabia announced that the country intends to play a more responsible role in the global energy markets.

Tue, 23 Oct 2018 04:40:46 GMT

Mitsubishi will invest in jet unit

Mitsubishi Heavy Industries will invest approximately $2 billion into the company's aircraft unit, which intends to create a new passenger plane.

Tue, 23 Oct 2018 04:25:21 GMT

Asian stock prices decline

On Tuesday, Asian stock market benchmark indexes declined in value, as global markets experienced a lower than expected quarterly earnings reports season.

Tue, 23 Oct 2018 04:24:06 GMT

Philip Morris will introduce new products

On Tuesday, Philip Morris International announced that the company will introduce new products in Japan next month to expand its market share.

Mon, 22 Oct 2018 20:35:46 GMT

Ukraine's Naftogaz to issue up to $1B worth euro bonds

Ukraine's energy business Naftogaz announced plans to issue between $500M and $1B worth of euro bonds by the end of 2018, the company's chairman Andriy Kobolev stated.

Mon, 22 Oct 2018 20:33:17 GMT

Taiwan's export orders expansion slows in September

Taiwan's export orders rose 4.2% year-over-year to $47.86B in September, weakening from the 7.1% rise in the prior month, according to the report by the island's economic authority.

Mon, 22 Oct 2018 19:32:40 GMT

Netflix adds to rising debt pile with $2B bond issue

Netflix announced that it is set to tap debt markets for a second time in 2018 in a bid to raise another $2B, as the streaming video service invests in shows production and content acquisition to fend off competition.

Mon, 22 Oct 2018 19:29:07 GMT

EZ banks see higher funding pressure on QE end

Euro zone's banks anticipate further growth in loan demand in the Q4, but expect that the European Central Bank's policy shift to lead to a deterioration in market conditions, the ECB stated.

Mon, 22 Oct 2018 18:33:27 GMT

Danone bids on healthy eating business to encourage growth

Danone was betting on the expansion into the healthy eating business to produce sales increase, which would beat France's food company's rivals over the next decade.

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