Philip Morris Seeks $1 Billion From Indonesia Stake Sale

Philip Morris International plans to sell over $1 billion worth of shares in its Indonesian operation.

Manulife Unit Delays Singapore Listing

Manulife US Real Estate Management has delayed its $465 million plan for an initial public offering in Singapore due to volatile global market conditions.

Rolls-Royce Suspends Buybacks, Warns on Profit

Rolls-Royce has scrapped its first ever share buyback program and warned that weak demand in its airliner and marine engine businesses would be a drag on earnings through next year.

HTC Returns to Loss

HTC sank into the red again in the second quarter, hit by plummeting smartphone sales and valuation losses on production lines left idle.

Far EasTone, Morgan Stanley Group Near Taiwan Cable-TV Deal

The $2.3 billion deal would be a step in consolidating Taiwan's telecom industry.

Blackstone Group Hires New China Chairman

Private-equity firm Blackstone Group said it has hired Zhang Liping, a senior Credit Suisse Group banker, to head its operations in China.

Regulators Probe Marketing of Hot Private Tech Shares

Securities regulators have launched a broad investigation into whether hedge funds and other investors are improperly selling hot private technology stocks amid a boom in the trading of such shares.