China milk powder firms court foreign cachet for domestic gains

By SYDNEY (Reuters) - Director Baz Luhrmann brought "The Great Gatsby" home on Wednesday for its Australian premiere, with box-office success for the Sydney-produced film bolstering hopes for the resurgence of the local film industry. The film, set ...

Japan's largest brokerage firm Nomura Holdings Inc (>> Nomura Holdings, Inc.) said on Wednesday it was seeking partners to expand its retail and asset management operations in Southeast Asia and was in talks with several financial institutions in ...

MUMBAI (Reuters) - Outsourcing company iGate Corp(IGTE.O) said it had sacked its Chief Executive Phaneesh Murthy for not disclosing a relationship with a subordinate after investigating one of India's best-known IT executives for sexual harassment.

The Asian prime brokerage unit of Credit Suisse has replaced Morgan Stanley as the second largest firm servicing the region's $148 billion hedge funds industry, a survey showed. The annual survey by industry tracker AsiaHedge, released this week, ...

By HONG KONG (Reuters) - Goldman Sachs GS.N launched on Monday the sale of about $1.1 billion worth of Hong Kong-traded shares in Industrial and Commercial Bank of China 1398.HK, offering to sell its entire remaining stake in the world's biggest ...

A woman checks her phone in front of a panel outside the flagship store of Japanese fashion house Uniqlo at Hong Kong's Causeway Bay shopping district May 9, 2013. Bobby Yip / Reuters Armed with empty suitcases and same-day return tickets, an ...

(Reuters) - Steven A. Cohen has received a subpoena to testify before a grand jury in a U.S. government insider trading investigation into his hedge fund SAC Capital Advisors, the New York Times reported, citing lawyers and executives briefed on the ...

Foxconn Technology Group said on Friday it needs more time to reduce overtime at its China factories after labour monitors appointed by top client Apple Inc said cutting workers' hours by a July 1 target would be a challenge. Apple last year ...

MUMBAI (Reuters) - A tribunal on Friday ordered some of India's biggest cement manufacturers to pay 6 billion rupees in fees while it hears their appeal against a penalty the competition watchdog imposed last year. The amount, to be paid within four ...