Hanjin Shipping to Close European Operations 

South Korea's Hanjin Shipping Co. said Monday it plans to close its European operations, in the latest sign that the troubled company is heading toward liquidation. (published 0220 GMT)

 
 
Vietnam Launches New Benchmark Stock Index, the VNX Allshare 

Vietnam on Monday launched a new benchmark stock index, the VNX Allshare, which started at 1,000, with an aim of having a single index that reflects the price movements of all the stocks in the market. (published 0250 GMT)

 
 
Time Warner Deal Adds to AT&T's Heavy Debt Load 

Buying Time Warner Inc. will make AT&T Inc. among the most heavily indebted companies on earth. (published 0113 GMT)

 
 
Yuexiu Property: Will Buy 50% Stake in Zhoushan Xinde for CNY1.73 Billion 

Chinese real estate developer Yuexiu Property Co. Ltd. said Monday it will buy a 50% stake in Zhoushan Xinde Business Development Co. for 1.73 billion yuan in order to jointly develop a property project near Shanghai's Jiading suburb. (published 0140 GMT)

 
 
Pacific Basin to Issue 79.98 Million Shares at HK$1.218 Each 

Pacific Basin Shipping Ltd. has agreed to issue new shares to 10 ship-owners in exchange for their agreements to reduce their existing daily charter-hire rates for a unit of the Hong Kong-listed shipping operator. (published 0126 GMT)

(END) Dow Jones Newswires

October 23, 2016 23:15 ET (03:15 GMT)

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