Kuwaiti fund says Citi, Merrill stakes long term
"We have a long-term investment. We think we are in a cycle and we want to ride that cycle. We think over the long term this will be a good move," Bader al-Saad, managing director of Kuwait Investm...
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Morgan Stanley says sets 3-yr euro bond guidance
Research ) says it has set guidance on a three-year euro benchmark bond it plans to sell at mid-swaps plus 230 to 240 basis points, an official at the bank said on Wednesday.
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RPT-UPDATE 1-Icahn files suit to gain access to Biogen records
In a complaint filed in Delaware Chancery Court, Icahn demanded the right to inspect documents and board meeting minutes to determine what the board of directors knew about the sale process, which ...
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UPDATE 1-Private equity firm Apollo Global files for IPO
NEW YORK, April 9 (Reuters) - Shareholders of Apollo Global Management, the buyout firm run by Leon Black, plan to sell 29.8 million shares in an initial public offering, following a 42-percent dec...
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Denmark has world's best IT networked economy -WEF
"The successful experience of the Nordic countries, Singapore, the United States or Korea shows that a coherent government vision on the importance of ICT, coupled with an early focus on education ...
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Funds stalk capital-starved Chinese developers
HONG KONG (Reuters) - Starved by banks and shut out of the stock market by dismal IPO conditions, Chinese developers are going cap-in-hand to investors to keep their lucrative housing projects alive.
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UG Investment says bullish on Taiwan
SINGAPORE (Reuters) - Hedge fund manager UG Investment Advisers said on Wednesday that it sees Taiwan at the start of a major bull market, while China is in a bear market with no end in sight. "Taiwan...
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