Top Stories

Fifth Third Bancorp, the large US regional bank hit hard by mounting credit losses and an ill-timed acquisition, announced on June 18 that it plans to raise at least US$2bn in capital,... 2008-06-19

Private equity real estate advisory firm MGPA announced on June 16 that it has raised a US$3.9bn fund to invest in Asia, as well as a US$1.3bn fund for Europe. Focused on real estate... 2008-06-18

Royal Dutch Shell announced on July 14 that it has agreed to pay US$5.9bn bid for Canadian oil and natural gas company Duvernay, in an attempt to enhance its natural gas portfolio... 2008-06-16

Indonesia's stock market has a strong IPO pipeline. PT Indika Energy, an energy conglomerate which raised US$300mn debuted on June 11 at INR3,300 (US$0.35) and proceeded to jump 12%... 2008-06-13

In a bid that could prompt a raft of consolidation in the insurance industry, British insurer Willis Group Holdings Ltd has agreed to buy Hilb Rogal & Hobbs (HR&H) in a US$2.1bn... 2008-06-12

CFW attended the First Capital Conference in London, hosted by the Boao Forum for Asia (BFA) and the Cavendish Group. The conference hosted 150 Chinese delegates and explored the... 2008-06-06

British oil field services firm Expro International has received a US$3.4bn takeover offer from oil services giant Halliburton , topping the current agreed offer from rivals Candover... 2008-05-28

After twelve weeks of negotiating and three rejected bids, Microsoft finally decided that it had had enough and abandoned its ambitious bid to acquire Yahoo. The announcement followed... 2008-05-07

The announcement on May 6 by Philippine Long Distance Telephone Co. PLDT) that it has postponed the planned listing of its outsourcing unit SPi Global Solutions underscores the negative... 2008-05-07

Dubai World, the state-owned investment group, has said that it will offer higher rates when it meets with banks over the coming weeks to refinance a US$5bn loan it signed last year.... 2008-05-06