Circuit-board makers Merix Corp. and Viasystems Group to mergeOctober 6th, 2009 Merix Corp. to merge with Viasystems GroupBEAVERTON, Ore. — Circuit-board maker Merix Corp., of Beaverton, Ore., will merge with Viasystems Group Inc., a St.
Japan's former finance minister found deadOctober 3rd, 2009 TOKYO - Japanese former finance minister Shoichi Nakagawa has been found dead in his Tokyo home, the Kyodo news agency reported Sunday. Police said the body of the 56-year-old was found face down on his bed and did not appear to have any external injuries.
Guild election to show whether actors are ready to fight Hollywood or merge with other unionSeptember 24th, 2009 Union election tests actors' will to fightLOS ANGELES — The Screen Actors Guild's next president is expected to be revealed Thursday, after ballots are counted from union members. The choice could indicate whether actors are ready for another fight over Internet compensation or would rather merge with a smaller union for better bargaining leverage.
Enterprise to buy Teppco, forms largest publicly traded energy partnershipJune 29th, 2009 Enterprise, Teppco merge, form energy partnershipNEW YORK — Enterprise Products Partners says it will merge with Teppco to form the largest publicly traded energy partnership with an enterprise value of more than $26 billion. Enterprise, which transports natural gas and oil through its pipeline network, said Monday that Teppco unitholders will receive 1.24 Enterprise common units for each Teppco unit, a 14.5 percent premium to the initial offer made by Enterprise March 9.
Regulators probe Japan's Aozora Bank for possible insider tradingJune 4th, 2009 Aozora Bank probed for possible insider tradingTOKYO — Japanese regulators are investigating a possible case of insider trading at Aozora Bank Ltd., the midsize lender said Thursday. Local media reported that the Securities and Exchange Commission raided the bank's headquarters in central Tokyo and questioned an employee in its loan division.
Report: Japan's Shinsei and Aozora Banks to begin merger steps next summerMay 11th, 2009 Report: Shinsei and Aozora Banks to mergeTOKYO — Japan's Shinsei Bank Ltd. and Aozora Bank Ltd.
Japan's biggest bank to swap $600 mln of Morgan Stanley preferred shares for common stockMay 11th, 2009 Mitsubishi swapping $600 mln Morgan Stanley sharesTOKYO — Japan's biggest bank, Mitsubishi UFJ Financial Group Inc., said Monday it will swap $600 million of its preferred shares in Morgan Stanley for common stock to keep its voting rights stake of the U.S. bank above 20 percent.
Let's work together to bring back black money: Rahul GandhiMay 5th, 2009 NEW DELHI - Taking the steam out of the Bharatiya Janata Party's (BJP)campaign on black money, Congress general secretary Rahul Gandhi Tuesday said he 'agreed' and suggested that all parties work together to get back the money stashed in foreign banks. 'I agree with (BJP prime ministerial candidate L.K.) Advani on the money in Swiss banks.
Hollywood talent agency William Morris votes to merge with rival Endeavor amid recessionApril 28th, 2009 Hollywood agencies William Morris, Endeavor mergeLOS ANGELES — Two of Hollywood's biggest talent agencies are merging. The 111-year-old William Morris Agency said Monday it will merge with upstart Endeavor, a 14-year-old agency cofounded by Ari Emanuel.
NEC Electronics, Renesas to merge, form world's No. 3 microchip makerApril 27th, 2009 NEC Electronics, Renesas to merge chip businessesTOKYO — NEC Electronics Corp. and Renesas Technology Corp.
Japan's foreign reserves rise above $1 trillion in MarchApril 7th, 2009 TOKYO - Japan's foreign reserves exceeded $1 trillion in March, thanks to gains in the appraisal values of its US Treasury bond holdings and euro-denominated assets, the finance ministry said Tuesday. The nation's foreign reserves totalled $1.02 trillion, up from $9.2 billion in the previous month.
Japan's central bank holds rates, raises purchase of government bondsMarch 18th, 2009 TOKYO - Japan's central bank Wednesday kept its benchmark interest rate unchanged at 0.1 percent but decided to step up its purchases of government debt. The Bank of Japan is to increase its monthly purchases of long-term government debt from 1.4 trillion yen ($14.21 billion) to 1.8 trillion yen to inject liquidity into money markets and prevent the rise of long-term interest rates.
When judge offered Rs.500 to settle a money disputeMarch 16th, 2009 NEW DELHI - It was a dispute over a paltry amount of Rs.500 between a bank and a customer. And a judge at a special court here Sunday offered the money from his own pocket to setle the case, but in vain.
Agriculture lending till November crosses Rs.1.36 tnFebruary 15th, 2009 NEW DELHI - Banks have lent Rs.1.36 trillion (Rs.136,586 crore) to the agriculture sector in the first eight months this fiscal as against a full year target of Rs.2.8 trillion. As per the figures released by the government Monday, the commercial banks have lent Rs.96.6 billion, while cooperative banks and regional rural banks have lent Rs.251.2 billion and Rs.148.
Two British banks merge in wake of credit crunchJanuary 20th, 2009 LONDON - Two of Britain's biggest customer-owned banks are to merge to create a new business in a streamlining effort resulting from the credit crunch, it was announced Wednesday. Co-operative Financial Services (CFS) and Britannia building society said they agreed a deal that would create a business with assets of 70 billion pounds ($97 billion), nine million customers and more than 12,000 employees at 300 branches.
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