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BANGKOK, Aug 20 - Thailand's finance ministry has not received any formal bid for its 22.56 percent stake in listed TMB Bank <TMB.BK> but would be prepared to consider a proposal, Finance Minister Korn Chatikavanij...

Hongta Group, a leading tobacco firm in China, on Aug. 14 announced that it plans to withdraw from its investment in pharmaceuticals producer Yunnan Baiyao Group Co Ltd<000538> by selling a 12.32% stake equivalent to 65.81 million shares, sources reported.In 1999, Hongta began to invest in Yunnan Baiyao by...

Hutchison Telecommunications International Ltd<2332><HTX>, the telecom unit of Hong Kong conglomerate Hutchison Whampoa<0013>, Wednesday said in a statement that its subsidiary, Advent Investments Pte Ltd, will sell its entire 51.3% stake in Partner Communications Co Ltd to Scailex Corp for...

August 13 MetalBiz--It is learned that Taiwan China Steel Corp. plans to follow up Baosteel to adjust up its prices for October-November, up by NT$1,500-2,000 per ton. China Baosteel has increased prices...

* CCB Asia will buy 100 pct of AIG Finance (Hong Kong) Ltd * Deal for $70 mln in cash plus repayment of debt * Key move for CCB as it expands in HK consumer...

* CCB Asia will buy 100 pct of AIG Finance (Hong Kong) Ltd * Will pay $70 mln in cash; deal includes repayment of debts * Strategic move for CCB as it expands in HK...

South China's Guangdong Province, which is an export-oriented city, hopes to boost the value of its new energy industry's output to RMB 400 billion by 2020, said Li Miaojuan, director of the provincial development and reform commission. The province will promote the development of nuclear, wind and...

Ras Al Khaimah Free Trade Zone has signed up as a silver sponsor of the 9th ITCNAsia, the biggest IT and telecom show in Pakistan.

While it is difficult to generalize that all companies that ask for help to collect funds are scammers

* Corus says it is "critically undercapitalized" * Corus says critically undercapitalized banks often fail * 44 percent of assets are nonperforming * Regulators reject capital plan NEW YORK, July 31 - Corus Bankshares Inc,...