Hong Kong and Mumbai Have Some of the Most Unaffordable Housing

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Hong Kong and Mumbai Have Some of the Most Unaffordable Housing

For all the talk of how expensive it is to buy a house in London or New York, the most expensive major cities in the world are all in Asia. In Hong Kong
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(LEAD) Former Daewoo Shipbuilding chief gets 10-year jail sentence for accounting fraud

SEOUL, Jan. 18 (Yonhap) — A lower court court on Wednesday meted out a 10-year prison sentence to a former head of Daewoo Shipbuilding
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Reynolds board accepts increased BAT offer of $49.4 billion

Reynolds American Inc.'s board of directors on Tuesday accepted British American Tobacco PLC's $49.4 billion megaoffer, another iconic local company bought by a larger global rival.
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Claire's Pulls The Plug On Its IPO

The kids and teen jewelry retailer is withdrawing its paperwork for an initial public offering, according to a Tuesday filing with the Securities and Exchange Commission.
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HPE to Acquire Data-Storage Startup SimpliVity for $650 Million in Cash

Hewlett Packard Enterprise Co. said Tuesday it would acquire data-storage startup SimpliVity Corp. for $650 million in cash, a steep discount to the startup's most recent $1 billion valuation.
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