BEIJING, July 23 (Xinhua) -- China Eastern Airlines (CEA), the country's third largest carrier, denied rumors of a merger plan with the Shanghai Airlines on Wednesday. Earlier reports said a merger of the two carriers aimed to...
Hyderabad: City-based infrastructure firm GVK Power and Infrastructure Ltd, or GVK-PIL, is buying a controlling stake in two thermal power generation firms, a top executive said, without naming the utilities.“We are currently...
SINGAPORE: Temasek Holdings’ subsidiary Neptune Orient Lines (NOL) has submitted an indicative bid for Germany’s HapagLloyd, estimated to be worth over US$7bil, to create the world’s third biggest container shipping group....
KRT) Via Acquire Media NewsEdge) Jul. 22--Thai stocks jumped 3.43 percent yesterday as investors rallied to the market thanks to strong first-half earnings by local banks and falling global oil prices. The Stock Exchange of...
SINGAPORE--(Marketwire - July 22, 2008) - UNITED STATES -- 7/22/2008 -- STATS ChipPAC Ltd. ("STATS ChipPAC" or the "Company") (SGX-ST: STATSChP) (SES: S24), a leading semiconductor test and advanced packaging service provider,...
Neptune Orient Lines, Hapag-Lloyd , mergers & acquisitions, shipping Singapore's Neptune Orient Lines has formally expressed its interest in buying Germany's Hapag-Lloyd to create what would be the world's third-largest...
Reuters - Tuesday, July 22 JAKARTA, July 22 QTAL.QA to buy the remaining shares in Indonesia's PT Indosat Tbk ISAT.JK will be blocked by a regulation limiting foreign ownership to 49 percent, officials said on Tuesday. The...
UNITED STATES, July 21 / MARKET WIRE/ -- - STATS ChipPAC Ltd. ("STATS ChipPAC" or the "Company") (SGX-ST: STATSChP) (SES: S24), a leading semiconductor test and advanced packaging service provider, today announced it has won...
SINGAPORE: Credit rating agency Moody's Investor Service has revised the outlook on the Aa3 senior unsecured rating of SingPower and its subsidiary SPPA to stable from negative. In a statement, Moody's says the revision came...
The trouble at Fannie Mae and Freddie Mac, the U.S. mortgage finance companies, may discourage sovereign wealth funds from buying dollar-denominated assets, but the euro is not likely to be the main beneficiary, according to...