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News Highlights: Top Equities Stories Of The Day

Date : 04/10/2012 @ 9:15PM
Source : Dow Jones News

News Highlights: Top Equities Stories Of The Day

 
 
DBS GROUP TO INVEST CNY2.3 BLN CAPITAL INTO CHINA UNIT TO EXPAND 

DBS Group Holdings Ltd., southeast Asia's biggest bank by assets, Wednesday said it will invest CNY2.3 billion into its China unit to expand. (published 2353 GMT)

 
 
AUSTRALIAN UNION SEEKS TO BLOCK BHP BALLOT OF COAL WORKERS 

An Australian labor union has applied to the country's independent industrial umpire to prevent BHP Billiton Ltd. from balloting members over a proposed new workplace agreement, arguing hundreds of coal mine workers have yet to receive information packs outlining details of the offer. (published 2358 GMT)

 
 
ASCIANO SAYS UNABLE TO REACH AGREEMENT WITH MARITIME UNION 

Asciano Ltd. said Wednesday it has been unable to reach an agreement with the Maritime Union of Australia over a new workplace agreement for container terminal employees. (published 2232 GMT)

 
 
MEDIATEK TO BUY SWEDISH CORESONIC FOR US$35 MLN 

Taiwan's chip-design company MediaTek Inc. said late Tuesday it has agreed to acquire Sweden-based wireless-technology firm Coresonic AB for US$35 million. (published 0018 GMT)

 
 
ORIENT OVERSEAS UNIT APPOINTS ANDY TUNG AS CEO 

Orient Overseas Container Line Ltd.--a wholly owned unit of Orient Overseas Ltd. --said Wednesday Chief Operating Officer Andy Tung is to become chief executive officer from July 1, replacing Philip Chow who is retiring. (published 0054 GMT)

 
 
GARUDA CEO: NEGOTIATING TO BUY AIRBUS JETS 

PT Garuda Indonesia is finalizing a deal to buy aircraft from Airbus, its Chief Executive Emirsjah Satar said Wednesday. (published 0049 GMT)

 
 


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