Buffett and China banks top cash-rich groups list
Dec 29 2008 23:33
Listed companies are sitting tight on their cash during the economic downturn, leaving them in a strong position to survive the crisis and with the option of acquiring some bargains Read more »
Private equity and the recession
Dec 29 2008 23:35
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Strong yen to bring price rises
Dec 29 2008 23:33
Electronic equipment is expected to increase after the post Christmas sales as Japanese companies are struggling to make a profit from European import market Read more »
Thai protests stop address by new PM
Dec 29 2008 18:36
Red-shirted demonstrators stopped Abhisit Vejjajiva, Thailand’s new prime minister, from presenting his agenda to […]
Satyam is seen as possible deal target
Dec 28 2008 18:37
India’s embattled Satyam Computer Services could become the country’s first large outsourcing company to merge or be taken over amid increasing doubts over whether its founding family still controls the company Read more »
Japanese insurance companies in merger talks
Dec 29 2008 05:16
Three Japanese non-life insurance companies are considering a merger that would create the largest company in the sector with combined premium revenues of $30.2bn Read more »
Non-profits face donor ire over Madoff exposure
Dec 28 2008 19:51
Non-profit organisations may find it harder to raise money, and will almost certainly face […]
A record number of hedge funds were liquidated in the third quarter, as the business faces the worst crisis in its history, deepened by the involvement of funds of hedge funds, one of the biggest groups of investors in hedge funds, in the alleged $50bn fraud by Bernard Madoff. Analysis by Hedge Fund Research, the […]
BofA shelves $3bn plan to cut CCB stake
Dec 18 2008 23:32
Bank of America has shelved a $3bn sale of China Construction Bank stock following objections from Beijing, igniting fears that some investors could struggle to offload holdings in Chinese banks Read more »
Taiwan and Mideast among main Clinton Foundation donors
Dec 19 2008 01:52
The Taiwanese government and a host of Middle Eastern donors are among the leading supporters of Bill Clinton’s philanthropic foundation, according to figures released Read more »
Banks lent billions to Madoff ‘feeder funds’
Dec 19 2008 01:56
Big banks from the UK, France and Japan helped investors treble […]
Breaking news
BA and Qantas merger talks fail
Qantas and British Airways have abandoned their ambitious plan to create a so-called ‘merger of equals’ via a dual-listed company structure after failing to agree on ‘key terms’ Read more »
Court imposes curfew on Madoff
Dec 18 2008 01:45
Bernard Madoff, the New York broker accused of perpetrating an alleged $50bn fraud, was placed under home detention with electronic monitoring by a US judge Read more »
Constellation agrees to $4.5bn EDF deal
Dec 18 2008 01:12
Constellation Energy opted for the risks of an independent future over the certainty […]
BoJ under pressure to cut policy rate
Dec 17 2008 17:14
The Bank of Japan is under growing pressure to act more aggressively to boost the recession-mired economy, with many economists expecting a further trimming of its already slim 0.3 per cent policy rate this week Read more »
China plans to stimulate property market
Dec 17 2008 14:40
Beijing has said […]