Chances of a broad overhaul of US financial regulation dimmed on Thursday after bipartisan Senate talks collapsed, jeopardising a top Obama administration priority and boosting bank share prices.
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LONDON - Britain's top banks look likely to avoid massive losses on Dubai World's debt pile, but have already seen about 1 billion pounds (US$1.5 billion) wiped off profits due to problem loans in Dubai and the region last year.
(SINGAPORE) Five years after a high-profile pursuit by private equity firm TPG Capital, Parkway Holdings is once again at the centre of a successful courtship - this time by India's Fortis Healthcare, which is paying almost $1 billion for a major stake in the firm.
LIPPO Group has positioned itself in a pretty sweet spot by buying out ex-partner Ananda Krishnan's stake in Overseas Union Enterprise (OUE), and upping its hold on the property company to 88.52 per cent.
RESORTS World Sentosa (RWS) may have its rollercoasters and magic kingdoms but when the self-styled shrine to Las Vegas glamour - Marina Bay Sands (MBS) - opens later next month (April 27), the entertainment there is going to be pumped up to a totally different level.