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India Suspends Environment Clearances of 93 Mining Leases in Goa -Report
India's Ministry of Environment and Forests has suspended environment clearances of 93 mining leases in the western state of Goa, the Business Standard newspaper reported Thursday, quoting a federal minister.
Thai Tycoon Charoen Makes Takeover Offer for Fraser & Neave
Companies linked to Thailand tycoon Charoen Sirivadhanabhakdi made a takeover offer Thursday to buy all of Fraser & Neave Ltd. (F99.SG), valuing the Singapore-based conglomerate at 12.53 billion Singapore dollars ($10.2 billion), a move that could upset Heineken NV's (HEIA.AE) plans to gain control
Kasikorn Bank Seeks to Sell Benchmark-Sized US Dollar 5.5-Year Bond - Term Sheet
Thailand's Kasikorn Bank PCL (KBANK.TH) is seeking to sell a benchmark-sized U.S. dollar 5.5-year bond issue, according to a term sheet seen by Dow Jones Newswires Thursday.
Verizon To Offer IPhone 5 On 4G Network Sept. 21
Verizon Wireless confirmed late Wednesday it would carry Apple Inc.'s iPhone 5 on its 4G LTE network starting Sept. 21.
Asian Shares Fall Before Fed Meeting
Markets edged lower in cautious trading Thursday ahead of the U.S. Federal Reserve's policy meeting, while regional Apple suppliers reacted to the unveiling of the iPhone 5.
Hong Kong Stocks Edge Down In Choppy Early Trade
Hong Kong stocks opened with a slightly weak bias early Thursday on caution ahead of the Federal Reserve policy decision and after a five-day winning streak, with heavyweight HSBC Holdings PLC and some resource firms supporting the market while local property shares declined.
Bank Of Korea Holds Interest Rates Steady At 3%
South Korea's central bank on Thursday left its policy interest rate unchanged at 3%, despite widespread expectations for a 0.25 percentage point reduction.
CME Group to Launch Deliverable Offshore Yuan Futures in Coming Months
Chicago-based derivatives exchange operator CME Group Inc. (CME) said Thursday it plans to launch deliverable offshore yuan futures in the coming months, adding to its products in the Chinese currency as the company strengthens its foothold in the burgeoning yuan-denominated market.
UBS Considers Putting Cap on Banker Bonuses: Sources - FT
is considering putting a cap on executives' bonuses either in relation to fixed salary or the bank's net profit, increasing the time for deferred pay to five years and aligning its absolute remuneration level with the average of a peer group, the Financial Times reported Wednesday on its website,
GE's Immelt Says U.S. Economy Getting 'A Little Better Every Day'
General Electric Co. (GE) Chief Executive Jeff Immelt provided a relatively upbeat assessment of the U.S. economy late Wednesday, saying it is notching steady improvement despite stubbornly high unemployment.
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