Chinese billionaire Guo Guangchang's Fosun International Ltd is weighing a bid for commercial property broker Cushman & Wakefield Inc, people with knowledge of the matter said.
Amid the remote terrain in Qianxinan prefecture in Southwest China's Guizhou province, one can hear the roar of heavy machinery at the Shengxing workshops. Inside the facility one can see scores of workers huddled over machines that turn raw titanium into materials for making screws for Apple Inc's iPhone 5s and iPhone 6.
For the Federal Reserve, patience may no longer be a virtue.
This year's 12 percent plunge in the euro has ignited the biggest rally on record in automakers and helped push the DAX Index above 12,000. Demand for ways to protect those gains is also soaring.
In less than a year, Lafarge SA Chief Executive Officer Bruno Lafont has gone from celebrated co-architect of the world's biggest cement merger to one of the deal's main obstacles.
Procter & Gamble Co's potential split-off of some beauty brands into a separate company reflects the struggles the world's largest consumer-products maker has had trying to master a fragmented, fast-moving industry.
Greece will begin debating measures to boost liquidity as the cash-starved country braces for more than 2 billion euros ($2.12 billion) in debt payments on Friday.
Investment flows from China to South Korea surged 374 percent last year to $631 million as Chinese companies moved to expand their presence and options in the global market.
Top industry officials are suggesting a strengthening of the laws surrounding financial disputes as the country's financial reforms deepen and the sector prepares for the launch of the new registration-based listing system later this year.
The China Securities Regulatory Commission has reportedly launched comprehensive on-site inspections of financial institutions, a move seen as a sign that the anti-corruption campaign is widening into the securities and financial sectors.
More Internet finance companies can consider listing on the A-share market to gain acceptance and recognition in China, despite they should deal with the risks from loss guarantee and rigid redemption, industry experts said on Monday.
Chinese mainland stock bulls may want to take note of the sell-off in financial shares.
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Raymond Zhou
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Chen Weihua
