NXP, FREESCALE AGREE TO MERGER -- 4TH UPDATE 

NXP Semiconductors NV and Freescale Semiconductor Ltd. have agreed to merge in a deal that values Freescale at $11.8 billion and which would create a combined company with a market value of more than $30 billion. (published 0215 GMT)

 
 
BRITISH AIRWAYS PARENT BOOSTS TARGET FOR PROFIT 

British Airways parent International Consolidated Airlines Group SA raised its 2015 operating profit target 22% based on further cost discipline, after the company posted a sharp jump in net profit for last year as Spanish unit Iberia ended a stretch of losses. (published 0203 GMT)

 
 
AUSTRIA HALTS PAYMENTS ON HYPO ALPE-ADRIA DEBTS 

Austria on Sunday said it is halting payments on more than EUR11 billion in debts of Hypo Alpe-Adria-Bank International AG until it has found a way of winding down the nationalized lender without more costs for taxpayers. (published 0109 GMT)

 
 
ORIENT VICTORY CHINA EXPECTS SUBSTANTIAL DROP IN 2014 PROFIT 

Orient Victory China Holdings Ltd. expects a substantial decline in 2014 profit due to losses from the disposal of financial assets. (published 0013 GMT)

 
 
BESTWAY INTERNATIONAL TO RAISE HK$235.2 MILLION IN SHARE PLACEMENT 

Bestway International Holdings Ltd. said Monday it is raising 235.2 million Hong Kong dollars in a share placement. (published 0039 GMT)

 
 
NEW WORLD DEVELOPMENT RE-DESIGNATES ADRIAN CHENG AS VICE-CHAIRMAN 

New World Development Co. said Monday Executive Director Adrian Cheng will be re-designated as a vice chairman at the blue-chip property developer from April 1. (published 0024 GMT)

 
 
CIMB GROUP SHARES OPEN 0.7% LOWER AFTER WEAK 4Q EARNINGS 

Shares of CIMB Group Holdings Bhd fell Monday after the second-largest lender in Malaysia reported an 81% slump in fourth-quarter earnings. (published 0137 GMT)

 
 
TANRICH FINANCIAL APPOINTS YU WEIJIA AS CHAIRMAN WITH IMMEDIATE EFFECT 

Tanrich Financial Holdings Ltd. has appointed Yu Weijia as chairman at the Hong Kong-based brokerage house, with immediate effect. (published 0100 GMT)