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BRIEF-SOFTMAX to raise 1 bln won via private placement

* Says it will issue 163,666 shares of common stock through private placement

2:22pm IST

EU regulators to decide on Sony's Michael Jackson deal by Aug. 1

BRUSSELS, June 27 - EU antitrust authorities will rule by Aug. 1 whether to allow Sony Corp buy out the Michael Jackson estate's stake in its music publishing joint venture, a move which rivals such as Warner Music Group say gives Sony too much power.

2:22pm IST

BRIEF-TSEC issues new shares for T$900 mln

* Says it completed issuing 75 million new shares at T$12 per share

2:19pm IST

Bangladesh c. bank ends FireEye investigation into cyber heist

DHAKA, June 27 Bangladesh's central bank has ended a contract with U.S. cyber security firm FireEye to investigate February's online theft of $81 million, turning down a proposal to extend the agreement, a senior official said on Monday.

2:17pm IST

BRIEF-Weikeng Industrial to issue 4th series domestic unsecured convertible corporate bonds of T$200 mln

* Says it will issue the 4th series domestic unsecured convertible corporate bonds, worth T$200 million

2:16pm IST
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India's relaxation of foreign investment rules credit positive, Moody's says

MUMBAI India's decision to relax foreign direct investment in sectors including defence, aviation, and retail is a positive development for the country's sovereign ratings, said Moody's Investors Service on Monday.