Capital Research and Management Co, an investment arm of U.S.-based Capital Group, has reduced its shareholding in Hongkong Electric Holdings Ltd<0006> to 7.98% from the previous 8.06%, according to the bourse operator Hong Kong Exchanges and Clearing<0388>.Information from HKEx showed that...
* Lawyers contest email account evidence * Testy build-up to October trial NEW YORK, Sept 21 - A lawyer defending a former Bear Stearns Cos hedge fund manager on fraud charges accused U.S. prosecutors on...
Bank of East Asia<0023>, the largest independent local bank in Hong Kong, is considering buying a minority stake in Guangdong-based Golden Eagle Asset Management Co as demand for wealth management services in mainland China is increasing, Reuters reported Tuesday, citing two people...
An exclusive interview with Duane Bolinger, Managing Director, BBK Asia-Pacific
HANOI, Sept 17 - Vietnam's central bank governor, Nguyen Van Giau, said on Thursday the dong <VND=> was being managed "with flexibility, as normal", a day after his predecessor was quoted recommending a small devaluation....
HANOI, Sept 17 - Vietnam's central bank governor Nguyen Van Giau said on Thursday the dong <VND=> is being managed "with flexibility, as normal", a day after his predecessor was quoted recommending a slight devaluation....
* Assets in Lyxor managed a/c platform to double to $25 bln * Inflows into managed accounts have grown more than 50 pct * Slightly underperformed traditional hedge funds in H109 (Updates to add comments,...
HONG KONG, Sept 16 - French Bank Societe Generale's Lyxor Asset Management expects to double the assets under management in its managed accounts platform to about $25 billion by the end of the year, reclaiming...
* GM Opel negotiator heads to Berlin to meet trust-sources * Announcement on Opel readied for Thursday-sources * GM CFO to leave in shake-up of management-source (Adds detail on GM management, Young, background on Opel)...
General Motors Co shook up its management and dispatched a negotiator on the sale of its Opel unit to Berlin after a watershed two-day board meeting under the direction of Chairman Ed Whitacre, people familiar with the proceedings said. GM's 13-member board endorsed the departure of GM's chief fi...