Equities

KT&G shareholder sells 4.8% stake in the company

Speculation that the seller of the $460 million block was Carl Icahn contributed to the share price falling below the placement price in the wake of the transaction.

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Asia's best managed companies: Singapore

We reveal the results of our annual poll to find Asia's top companies. Today, Singapore.

By FinanceAsia Editors | 25 May 2012

Yongda Auto extends IPO bookbuilding until Monday

The Chinese BMW dealership postpones pricing by three days in an attempt to salvage the $306 million deal amid weak demand. Terms remain unchanged.

By Anette Jönsson | 25 May 2012

Europe can get through its crisis, says Byron Wien

Despite the headlines, Europe is on the verge of recovery, according to Blackstone's Byron Wien, who also expects other surprises are in store this year.

By Rupert Walker | 25 May 2012

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