Regulatory News

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Soros Asia hedge fund spin-out hires ex-Goldman exec as CFO

HONG KONG, April 25 - Pleiad Investment Advisors, a hedge fund spin-out from Soros Fund Management, has hired former Goldman Sachs prime brokerage executive Vien Chiu as its chief financial officer, as it prepares to launch in the third quarter of 2014.

Michael Dell to sell gardening firm ValleyCrest to KKR unit - FT

April 24 - Dell Inc Chief Executive Michael Dell is likely to sell his corporate gardening company ValleyCrest to KKR & Co LP's Brickman unit, the Financial Times reported.

Private Capital 8:41am IST

Barrick Gold's Munk says Newmont "not shareholder-friendly" - report

TORONTO, April 24 - Barrick Gold Corp's founder and outgoing chairman Peter Munk criticized potential takeover target Newmont Mining Corp in an interview with the National Post newspaper on Thursday, saying the U.S. miner is "not shareholder-friendly."

8:30am IST

Nikkei regains ground as yen weakens, inflation less than forecast

By Shinichi Saoshiro TOKYO, April 25 - Japanese shares gained on Friday, buoyed by a weaker yen and after inflation data came in lower than expected, reinforcing some hopes for further monetary easing by the Bank of Japan. The Nikkei share average 0.7 percent to 14,498.89 in morning trade, moving back towards a two-week high of 14,650 hit on Monday. The index had shed 1 percent on Thursday as the lack of a breakthrough in U.S.-Japan trade talks disappointed some investors.

8:19am IST

RPT-CORRECTED-Apple's sales boom in communist Vietnam

(Repeats to more subscribers; corrects period for sales in first paragraph)

7:43am IST

GLOBAL MARKETS-Asian shares, dollar struggle on Ukraine anxiety

* Nikkei shrugs off initial disappointment on lack of U.S.-Japan trade deal

7:41am IST

KKR, Nasdaq plan market for trading stakes in buyout funds -WSJ

April 24 - Private equity firm KKR & Co LP plans to allow investors to sell parts of their stake in buyout funds through a new private market run by Nasdaq OMX Group Inc , the Wall Street Journal reported on Thursday, citing people familiar with the matter.

IPOs, Private Capital 7:18am IST

UPDATE 2-Foxconn to decide fate of Indonesia project in Oct-source

TAIPEI, April 24 - Foxconn Technology Group will decide in October whether to proceed with a planned $1 billion manufacturing project in Indonesia after a new government takes office, a company source said on Thursday.

6:40am IST

Carlos Slim's conglomerate Carso reports higher Q1 profit

MEXICO CITY, April 24 - Billionaire Carlos Slim's conglomerate Grupo Carso on Thursday reported a higher first-quarter profit as lower sales and financing costs offset a dip in revenue.

6:37am IST
Markets

India Indices

118.17
22,876.54
+0.52%
15.00
6,855.80
+0.22%
8.89
7,395.06
+0.12%
1.77
714.04
+0.25%

Int'l Indices

-4.30
16,497.35
-0.03%
60.36
14,465.35
+0.42%
28.26
6,703.00
+0.42%
-317.06
22,245.74
-1.41%
-3.41
2,053.62
-0.17%

Currencies

61.050
102.57
84.451
0.59619

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