China’s largest auto parts company makes last-minute Fisker bid
(Reuters) – China’s largest auto parts company made a surprise bid for Fisker Automotive just days before the bankrupt maker of the Karma plug-in hybrid sports car was to be sold to a Hong Kong tycoon, according to court documents.
U.S. consumer mood brightens, but home price gains slow
NEW YORK (Reuters) – U.S. consumers’ mood improved as 2013 drew to a close, with many optimistic about their future job prospects, while home prices rose again in October, though the pace of gains slowed.
Chinese recycling tycoon says he wants to buy New York Times
BEIJING (Reuters) – An eccentric Chinese recycling magnate said on Tuesday he was preparing to open negotiations to buy the New York Times Co.
Buyout kings seek U.S. partnerships as deal prices rise
NEW YORK (Reuters) – Private equity firms are increasingly seeking to partner with U.S. companies rather than buying them outright, as they struggle to find ways to put their huge piles of money to work at a time when frothy markets have made takeovers…
U.S. home price gains slow in October, but yearly gain increases: S&P
NEW YORK (Reuters) – U.S. single-family home prices rose less than expected in October but posted their strongest annualized gain in more than seven years, a closely watched survey said on Tuesday.
China says to rein in local debt, push financial reform
BEIJING (Reuters) – China’s top planning agency pledged on Tuesday to curb local government debt while the central bank said it will keep monetary policy stable in 2014 as it pushes financial reforms.
Apollo’s failed deal for Cooper sows doubt on future Indian M&A
MUMBAI (Reuters) – The ambition from Indian mid-sized companies for large debt-fuelled acquisitions abroad was dealt a major setback after the unraveling of a $2.5 billion bid by India’s Apollo Tyres Ltd to buy Cooper Tire & Rubber Co .
Exclusive: China may raise Iran oil imports with new contract: sources
BEIJING (Reuters) – China may buy more Iranian oil next year as a state trader is negotiating a new light crude contract that could raise imports from Tehran to levels not seen since tough Western sanctions were imposed in 2012, running the risk of ups…
Analysis: Transparency the crux in China’s struggle to deal with rising debt
BEIJING (Reuters) – China’s quest to solve its $3 trillion-and-growing public debt problem by starting a domestic municipal bond market hinges on the one thing its officials are most afraid of: transparency.
Japan’s whisky makers drum up global market for their drams
TOKYO (Reuters) – After years of being overshadowed at home and practically unheard of overseas, Japan’s whisky distilleries are expanding capacity as their malts become serious contenders against Scottish and Irish brands.
