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Saturday, May 25, 2013

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Ex-Morgan Stanley deal maker jailed for China bribe
08-17 11:33
A former Morgan Stanley real estate deal maker was sentenced to nine months in prison for skirting the bank's internal controls in an effort to enrich himself an...

Facebook shares plunge to new low; worse to come
08-17 11:27
Facebook shares sank 6.3 percent to a record closing low after early investors got the greenlight to sell for the first time since it went public, starting a strin...

Wolf Blass wine maker’s sales tumble
08-17 11:14
Treasury Wine Estates, the maker of Penfolds, Beringer and Wolf Blass and the world's second-largest wine firm, posted full-year profit above analysts' forec...

Sharp to sell major businesses: report
08-17 11:14
Japan's embattled Sharp Corp. is considering selling off part of its main operations as it looks to plug a gaping hole in its balance sheet, a report said Frida...

Nikkei rises by break
08-17 11:12
Tokyo stocks rose 0.63 percent on Friday morning, tracking overnight gains on Wall Street and on Europe's main bourses. The benchmark Nikkei 225 index at ...

California pension fund to invest US$530m in Asia real estate
08-17 11:06
The California Public Employees' Retirement System will invest US$530 million in two new real estate funds of ARA Asset Management that will mainly all...

California fights food giants over genetically-altered products
08-17 10:58
After two decades fighting to force US food companies to tell consumers when their products are made with genetically modified organisms, activists in Californi...

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