Financial Services & Real Estate Headlines

Samsung Electro-Mechanic set to raise up to $1.1 billion from affiliate SDS sale

SEOUL - Samsung Electro-Mechanics Co Ltd is set to raise up to 1.16 trillion won ($1.1 billion) by selling via the stock exchange in November its entire stake in affiliate Samsung SDS, the IT services unit of Samsung Group.

3:16am EDT

Mon, Sep 29 2014

Chinese e-cigarette maker Kimree files for U.S. IPO

- Chinese e-cigarette maker Kimree Inc filed to list its shares in the United States at a time when e-cigarette companies are finding it harder to raise capital amid rising competition and increasing regulatory oversight.

29 Sep 2014

Mercuria's third founder: China head eyes long game

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BEIJING - The little known Asia head of Mercuria will be key in tying the Swiss commodity trader's $3.5 billion acquisition of JP Morgan Chase and Co's physical commodity desk into the company's China business.

Deals, China 29 Sep 2014

UBS eyes higher shareholder returns in new group structure: CFO

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LONDON - A corporate structure unveiled by UBS AG on Monday will lead to higher shareholder returns in the long run, Chief Financial Officer Tom Naratil told Reuters.

Dubai Emaar's mall unit IPO priced at top end of range

DUBAI - Dubai's Emaar Properties has priced the initial share sale of its malls business at the top end of the proposed range, marking another milestone in the return of investor confidence in the Gulf Arab state after the financial crisis.

29 Sep 2014

Japan's Skylark IPO pricing weak but Recruit more upbeat

TOKYO - Japanese restaurant operator Skylark Co Ltd priced its IPO at the bottom of its marketing range but staffing firm Recruit Holdings Co Ltd bumped up its pricing plans, in a sign that investors have become more selective about Tokyo offerings.

29 Sep 2014

Sun, Sep 28 2014

ANZ to sell its stake in Vietnamese company

SYDNEY - Australia and New Zealand Banking Group on Monday said it has agreed to sell its 17.5 percent stake in Vietnam's Saigon Securities Incorporation (SSI) as the lender focuses on improving returns in Asia.

28 Sep 2014

Mercuria's third founder: China head eyes long game

BEIJING - The little known Asia head of Mercuria will be key in tying the Swiss commodity trader's $3.5 billion acquisition of JP Morgan Chase and Co's physical commodity desk into the company's China business.

Deals, China 28 Sep 2014

Fri, Sep 26 2014

Alibaba options to list on CBOE exchanges with strikes ranging from $75 to $100

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- Chinese e-commerce heavyweight Alibaba Group Holding Ltd's options will debut on CBOE Holdings Inc's exchanges on Monday with strike prices ranging from $75 to $100 in $5 increments, a CBOE spokeswoman said on Friday.

26 Sep 2014

RadioShack shareholder in talks to boost liquidity

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- RadioShack Corp shareholder Standard General LP said it was in talks to improve the troubled electronics retailer's cash position ahead of the crucial holiday season.

Deals, Tech 26 Sep 2014
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Key retirements mean a changing of the guard next year in U.S. Congress

Regardless what voters decide in the November elections, there will be a major changing of the guard next year in the U.S. Congress as result of a number of key retirements.