(AFX UK Focus) 2009-11-25 03:16 India's Unitech seeks to raise $700 mln bonds-paper
MUMBAI, Nov 25 (Reuters) - Unitech Ltd, India's second-largest real estate firm, has sought approval from the government and the central bank to raise $700 million through foreign currency bonds, the Economic Times reported on Wednesday. Citing an unnamed company official, the newspaper said Unitech would use the money for building an integrated township project. A spokesman for Unitech could ...
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(AFX UK Focus) 2009-11-25 03:20 S.Korea Q3 household credit expands faster
SEOUL, Nov 25 (Reuters) - South Korean household credit expanded by a net 15 trillion won ($13 billion) during the third quarter, more than the previous quarter's net 14.1 trillion won gain, central bank data showed on Wednesday. Loans rose by a net 14 trillion won and purchases on credit gained a net 1 trillion won during July-September, after rising by 13.8 trillion won and 0.3 trillion won in ...
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(AFX UK Focus) 2009-11-25 02:48 Australian opposition backs leader over carbon deal
CANBERRA, Nov 25 (Reuters) - Australia's opposition voted on Wednesday to keep its leader, Malcolm Turnbull, backing his decision to support the government's revised carbon-trade laws. The main opposition Liberal Party voted 48 to 35 to keep Turnbull as leader. Climate-change sceptics in the party had sought to challenge his leadership in an effort to scupper the government's plan to cut carbon ...
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(AFX UK Focus) 2009-11-25 02:54 UPDATE 1-Australian Senate rejects carbon-trade vote delay
CANBERRA, Nov 25 (Reuters) - Australia's Senate rejected attempts on Wednesday to delay a vote on the scheme, indicating that it may pass through parliament this week after months of political deadlock. A motion to delay the vote, moved by opponents of the cap-and-trade scheme, represented the first test of support for the scheme since the government struck a deal with the opposition on Tuesday ...
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(AFX UK Focus) 2009-11-25 02:45 China Forestry prices HK IPO near top of range-source
HONG KONG, Nov 25 (Reuters) - China Forestry Holdings Group, a forestry plantation operator backed by the Carlyle Group , priced its initial offering of shares near the top of an indicative range, raising HK$1.55 billion ($200 million), a source involved in the deal said on Wednesday. The company, also invested in by private equity firm Partners Group, is offering 750 million shares at HK$2.07 ...
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