Westports shares rally in Malaysia market debut
Shares in leading Malaysian ports operator Westports Holdings surged eight percent on their debut Friday, after raising more than $700 million in the country's largest initial public offering (IPO) this year.
18 October 2013
Tenge bills more beautiful than new $100 banknotes
The new American $100 bill not as beautiful as Kazakhstan's tenge notes. Kazakhstan currency is "like the Meryl Streep of international bank notes": The Atlantic.
Twitter to list on NYSE
Twitter shares will trade on the New York Stock Exchange, documents showed Tuesday, shunning the tech-heavy Nasdaq which saw major problems in Facebook's market debut in 2012.
16 October 2013
Yahoo holds onto more of Alibaba as profit slips
Yahoo on Tuesday took attention off a lackluster quarterly report with word that it plans to hold onto a larger chunk than originally planned of Chinese e-commerce powerhouse Alibaba.
Rio Tinto pink diamonds fetch record prices
The annual sale of Rio Tinto's rare pink-hued diamonds attracted unprecedented interest with at least two of the stones fetching record prices of over $2 million.
Britain to ease China visa restrictions
Britain is to make it easier for Chinese nationals to obtain visas in an effort to boost business between the two countries.
Brazil antitrust body opens Google probe
Brazil's antitrust authority said Friday it has opened a probe into allegations that Google engaged in anti-competitive practices in the domestic online search market.
13 October 2013
World Bank to cut costs, bureaucracy: Kim
World Bank President Jim Yong Kim on Friday announced a program to slash costs and reduce bureaucracy at the huge development organization that is expected to result in significant layoffs.
IMF gold sales to fund lending to poor countries
The International Monetary Fund announced Thursday it has harnessed windfall gold profits from member countries to fund loans to the world's poorest countries in the coming years.
12 October 2013
More problems hit JAL Dreamliners: company
A fresh series of troubles has hit Japan Airlines 787 Dreamliners, with two Tokyo-bound flights forced to turn around and another plane experiencing a minor glitch.
Dubai property bounces but stirs fears of new bubble
Dubai's property sector is making a strong comeback five years after prices in the emirate nosedived, but a surge in demand and bouncing prices have triggered calls to remember the crisis.