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Source: BBC

Singapore :: Singapore | updated 2014-07-29 03:01:09 -0700 | business-news

London's Gherkin skyscraper has been put up for sale, with interest expected from Chinese, other Asian, and US buyers, estate agency Savills has said. The City of London tower is expected to fetch offers in the region of £650m, the...
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Source: Forbes

Singapore :: Singapore | updated 2014-07-28 21:51:10 -0700 | business-news

Current market practices and inefficiencies have left the 4 billion people at the BoP earning less than $10 per day without access to stable jobs, safe housing, formal education, public utilities, and other essential goods and services. This weakness threatens...
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Source: Zee News

Singapore :: Singapore | updated 2014-07-29 03:27:20 -0700 | political-news

A top US commander has praised China's participation in massive US-led drills seen as a step towards potentially thawing tensions between the two powers, saying it had gone "very, very well". Hawaii for the first time.  China's participation in the...
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Source: Daily News & Analysis

Singapore :: Singapore | updated 2014-07-29 05:50:44 -0700 | business-news

That would put the total valuation of the company at a whopping $5 billion (Rs 3000 crore). Quite a jump in just around seven years for the company that was set up in 2007 by ex-Amazon employees Sachin and Binny Bansal,...
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Source: Asian Wall Street Journal

Singapore :: Singapore | updated 2014-07-29 05:21:01 -0700 | business-news

SA on Tuesday reported a steep rise in first-half profit, as the French car maker benefited from a cost cutting drive and the absence of provisions that hurt its performance in the same period last year. Net profit for the...
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Source: Asian Wall Street Journal

Singapore :: Singapore | updated 2014-07-29 03:16:50 -0700 | business-news

ET Consumer prices rose at a slightly slower pace across most of the world's largest economies in June, while falling food and steady energy prices left Europe alone in confronting very low inflation. The Organization for Economic Cooperation and Development...
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Source: Asian Wall Street Journal

Singapore :: Singapore | updated 2014-07-29 03:16:49 -0700 | business-news

Group Ltd., the pork producer that withdrew an initial public offering originally meant to raise more than US$5 billion in April, raised US$2.05 billion in its relaunched deal amid a recent rally in Asian shares. The Chinese company, which bought...
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Source: Asian Wall Street Journal

Singapore :: Singapore | updated 2014-07-29 03:16:47 -0700 | business-news

Klepierre SA, which owns shopping malls across Europe, is to buy Dutch rival Corio for 7.2 billion ($9.68 billion) in a deal that will create an industry leader with 21 billion worth of assets. Klepierre, whose largest shareholder is U.S....
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Source: The Nation

Singapore :: Singapore | updated 2014-07-29 01:42:59 -0700 | business-news

A new incentive package is being rolled out to encourage carriers to use Changi as a transfer hub, a spokesman for Changi Airport Group has told The Straits Times. Transfer traffic is "an important component" of the airport's success as...
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Source: Asian Wall Street Journal

Singapore :: Singapore | updated 2014-07-29 02:12:35 -0700 | business-news

U.K. drug company GlaxoSmithKline PLC will stand trial Aug. 8 on charges of illegally purchasing personal information about Chinese nationals, a Chinese court said...Intermediate People's Court announced the date late Monday for the trial of U.K. national Peter Humphrey, 58...
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Source: Taiwan News

Singapore :: Singapore | updated 2014-07-28 23:55:31 -0700 | business-news

In order to expand its securities business in mainland China and seize the initiative in establishing a cross-strait joint venture securities firm, China Development Financial Holding Corp. (2883) approved the signing of a joint venture memorandum between its subsidiary KGI...
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Source: Asian Wall Street Journal

Singapore :: Singapore | updated 2014-07-28 23:50:08 -0700 | business-news

ET Engineering firm Aecom Technology Corp. has acquired Hunt Construction Group, a construction-management company that specializes in stadium work, Aecom's second announced takeover in as many weeks. Aecom's purchase of Hunt, expected to be announced Tuesday, comes two weeks after...
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Source: Asian Wall Street Journal

Singapore :: Singapore | updated 2014-07-28 23:50:07 -0700 | business-news

PLC on Tuesday reported a rise in second-quarter profit, boosted by its investment in Russian energy group OAO Rosneft, despite lower production in the period. The oil major said replacement-cost profit came in at $3.18 billion for the quarter, compared...
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Source: Asian Wall Street Journal

Singapore :: Singapore | updated 2014-07-28 23:50:04 -0700 | business-news

Faurecia slightly raised its full-year profit margin target Tuesday as sales in the first half of the year rose more strongly than expected helped by robust growth in automobile production in Asia and Europe. Faurecia, a subsidiary of French auto...
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Source: Asian Wall Street Journal

Singapore :: Singapore | updated 2014-07-28 19:58:59 -0700 | business-news

ET When customers of American Electric Power Co. started dialing back on power consumption in early 2009, company executives figured consumers and businesses were just pinching pennies because of the recession. Five years and an economic recovery later, electricity sales...
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