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BOC Q1 Net Interest Income Up 20%

Bank of China (BOC, SHSE: 601988, SEHK: 3988), one of the Big Four state lenders in the country, recorded CNY 33.439 billion in net profit and CNY 0.12 in earnings per share in the first three months...

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A fare fight for taxi drivers at Port Canaveral

Pat Barnett has been a taxi driver at Port Canaveral nearly 18 years, shuttling cruise ship passengers back and forth to local hotels and Orlando International Airport. The 67-year-old Barnett is...

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UK SUBSIDIARY OF INDIA’S MASTEK WINS US$13 MLN CONTRACT

Indian IT solutions provider Mastek Ltd (BSE:523704) on Wednesday said its UK-based subsidiary has bagged a Rs 58.7 crore (US$13.09 million) multi-year framework contract in that country. Mastek UK...

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Managers say Florida Retirement System doing well

Despite forecasts of looming trouble in government-employee pensions, and a sluggish national economy, managers of the state’s investments got an encouraging report Thursday on the Florida Retirement...

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Large batch of “drugs” burned in Iran’s central province

Simultaneously with Anti-drug Week, 1,257 kg of various kinds of drugs were destroyed in a ceremony in Esfahan today. [Shahmohammadi, acting head of the provincial coordination council to combat drugs]...

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Sinosure to Compensate USD99mn To Zhengzhou Yutong Group

China Export & Credit Insurance Co., Ltd. (Sinosure), a policy-oriented insurer, will compensate up to USD 99 million to Zhengzhou Yutong Group Co., Ltd. for the latter’s defaulted payment by Cuba...

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New ministry to run banks, petrochemical industry – Iranian official

The deputy minister of trade has reported that the National Petrochemical Industry Company will be merged with the Ministry of Industry, Mining and Trade and said: Some state-owned sectors in free...

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INDIA’S HDFC EYEING IPO FOR INSURANCE BUSINESS IN TWO YEARS

Housing Development Finance Corporation (HDFC, BSE:500010) has said that it may come out with an initial public offering (IPO) for its insurance business in about two years. “We are planning to come up...

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Investment To Be Engine Of Indonesia’s Economic Growth: Minister

Investment is expected to become an engine of Indonesia`s economic growth in the future, Coordinating Minister for Economy Hatta Rajasa said here on Friday. If this happens the people will no longer...

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Nci To Sell 24 Per Cent Stake In Beijing Hotel Expansion Pjt Before Ipo

The Beijing financial Assets Exchange on Monday said that New China Insurance (NCI) is planning to sell its 24 per cent stake in a company established for an expansion project of Beijing Hotel held by...

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Insurance Aust Group On Track To Reach Guidance

Insurance Australia Group (IAG, ASX:IAG) says it is on track to deliver on its full year financial guidance after an encouraging performance in the first quarter. Chief executive Mike Wilkins told the...

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American Realty Capital Properties’ underwriters use greenshoe option in full

The underwriters of American Realty Capital Properties Inc’s (NASDAQ:ARCP) share issue, which closed on 18 June 2012, have taken full advantage of their option to upsize the offering, the US real...

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