Kazakhstan and Switzerland reach agreement on asset recovery
Tengrinews.kz – Kazakhstan and Switzerland have agreed to provide mutual legal assistance in criminal matters and recover illegally transferred
Brazil court orders seizure of Olympic broadcaster's assets
A Brazilian court has ordered the seizure of goods and assets belonging to the broadcast-arm of the International Olympic Committee.
Australia's Westfield offloads five US malls
Australian shopping centre giant Westfield Corp. said Monday it has offloaded five US malls for US$1.1 billion to divest non-core assets.
Bonds of 22 companies held by Single Pension Fund of Kazakhstan depreciate four-fold
Securities of 22 companies held by the Single Pension Fund of Kazakhstan now cost four times less then their nominal value.
Samruk Kazyna total assets should reach $200bln: Nazarbayev
President Nursultan Nazarbayev said that tranformation of Samruk Kazyna National Welfare Fund had to involve doubling of its total assets.
Ablyazov's hidden assets to be revealed
London’s High Court has granted the motion of Kazakhstan's BTA Bank and ordered Mukhtar Ablyazov's lawyers to disclose information about the billionaire's assets.
Australia's Treasury Wines rejects $2.85 bn takeover offer
Australia's Treasury Wine Estates on Tuesday revealed it received a Aus$3.05 billion (US$2.85 billion) takeover bid from US private equity firm Kohlberg Kravis Roberts (KKR) and rejected it as too low.
DBS buys Societe Generale's Asian private banking business
Singapore's DBS Bank said Monday it had agreed to buy the Asian private banking business of French lender Societe Generale in a deal worth $220 million, boosting its access to the region's super rich.
EU freezes assets of Ukraine's ousted leader and 17 others
The European Union on Thursday froze assets held in the 28-nation bloc by 18 Ukrainians accused of embezzlement, including ousted Moscow-backed president Viktor Yanukovych.
Hong Kong freezes assets of Ablyazov's affiliates
Hong Kong Court has ruled to freeze assets of companies that are believes to be owned by the fugitive ex-head Kazakhstan banker Mukhtar Ablyazov.
Li's Power Assets to spin off HK unit
Li Ka-shing, Asia's richest man, is to spin off his electricity assets in Hong Kong through an initial public offering worth up to HK$27.9 billion ($3.6 billion) and will sell a large chunk to a Chinese state-owned power company.
US urges Supreme Court to review Argentina debt case
The US government has urged the Supreme Court to intervene in Argentina's fight over paying up on its defaulted debt, saying a lower court ruling against the country was wrong.
Brazil freezes assets tied to Alstom, Siemens price-fixing claims
Brazilian judges have frozen assets worth $26 million involved in an alleged cartel suspected of price-rigging during bidding for Sao Paulo's metro rail systems.
Assets of the National Oil Fund to exceed $122 billion by 2016
A transfer of $980.3 million will be made in 2014 out of the National Oil Fund to finance prep works for EXPO-2017 to be held in Astana.
Richest member of US Congress worth at least $355 mn
Republican Darrell Issa of California was 2012's richest member of Congress, worth at least $355 million.
Kazakhstan paper producer Kagazy freezes former managers' assets
Assets of two former heads of Kazakhstan Kagazy have been frozen around the world under the company’s request.
Obama extends economic sanctions linked to Hezbollah
President Barack Obama announced Monday he had extended for at least a year the US freeze on financial assets of entities linked to Hezbollah, citing a threat to Lebanon's stability.
Egypt freezes assets of 14 top Islamists
Egypt's public prosecutor ordered the freezing of assets belonging to 14 top Islamists, as the US dispatched its first senior official to Cairo since president Mohamed Morsi's ouster.
BHP sells US copper assets for $650 million
Global mining titan BHP Billiton on Monday announced the sale of its Pinto Valley mining operation and rail assets in the United States to Capstone Mining Corp for US$650 million.
KMG is selling out its assets and facilities
KazMunaiGas National Company will sell around 20 non-core assets and 349 non-core facilities within several years.