Government of Singapore Investment Corp., a sovereign wealth fund with US$100 billion ($128.5 billion) of reserves, will consider selling more assets through initial public offerings, Deputy Chairman Tony Tan said.
GIC, which sold US$2.7 billion of shares in its Global Logistic Properties in October, “does own a number of assets which could be good candidates for listing if the circumstances are right and there’s a need,” Tan said at the World Economic Forum in Davos, Switzerland.
Following the WikiLeaks report claiming that Saudi King Shah Abdullah considered the Pakistan president the greatest obstacle to Pakistan’s progress, Farhatullah Babar has said that President Asif Ali Zardari regards Shah Abdullah as an “elder brotherâ€. “The so-called leaks are no more than an attempt to create misperceptions between two important and brotherly Muslim countries,†[...]
The Slovak Defense Ministry proposed Friday a complete withdrawal of its troops from Kosovo. If the proposal passes, 140 Slovak soldiers who are currently serving in the NATO forces in Kosovo would go home by the end of the year.
Louis Dreyfus is considering a merger with fellow commodities group Olam International (OLAM.SI) and a listing of certain activities are possible options to expand the family-owned company, Les Echos said.
The business daily, which did not cite its sources, reported on Thursday that share-listing options being considered were either for the company’s LD Commodities subsidiary, valued at US$8 billion ($10.6 billion), or the Brazilian activities of LD Commodities via a listing in Sao Paulo.
The proposals are part of a consultation paper the court is circulating for public comment.
Scrapping the break could boost trading volumes by between 8 to 10%, Bocker said, adding that discussions with stockbrokers are on-going. He was speaking at a lunch organised by the Foreign Correspondents Association of Singapore.
Sony will develop an iPad-like tablet PC, should it decide that consumer interest is great enough, Bloomberg reported. Sonys knack for catering to the high-end may not be a fit for tablets, however, where major sales are only expected to follow from big price drops. – <p>Sony is considering developing a tablet-style PC, not unlike the
Apple iPad, if enough consumers say theyre interested in purchasing
one, Bloomberg (http://preview.bloomberg.com) reported May 14, following an interview with Mike Abary, vice president of Sonys Information Technology Products uni…
Adobe is still discussing what to do about a design issue affecting its software that is being exploited by attackers, who are infecting users with the Zeus Trojan. According to Websense, the malicious PDFs being spammed out by attackers are leveraging the launch action feature used by PDF viewers such as Adobe Reader and Foxit Reader.
– Adobe Systems has not made a decision whether to change its approach
to the launch action feature in Adobe Reader now being abused in a malware
attack.
A spokesperson for Adobe told eWEEK Friday the company is still evaluating
if it will do anything to address a design issue that is being roped …
Agribusiness giant Cargill threatened to delist Indonesian palm oil firm Sinar Mas as a supplier if it fails to address concerns over alleged illegal logging, a statement on the Cargill website said.
Toyota’s safety crisis deepened yesterday as the embattled Japanese giant said it was considering a recall of its Corolla, the world’s best-selling car, because of possible steering problems. Toyota also announced that it would fit all new models with a system to cut engine power when the driver
A French judge was to decide yesterday whether to call off the manslaughter trial of Continental Airlines mechanics and French engineers blamed for a Concorde plane crash that killed 113. Judge Dominique Andreassier was to respond to a call by Continental’s lawyer Olivier Metzner to end the
German Defense Minister Karl-Theodor zu Guttenberg has advocated talks with “moderate” Taliban in an effort to stabilize the situation in Afghanistan. In an interview with the Welt am Sonntag newspaper, Guttenberg proposed opening up channels for dialog with certain Taliban groups, but warned of the pitfalls of such a strategy.
Under a proposal before New York City Council Committee on Technology in Government, New York City would endorse Federal Communications Commission Chairman Julius Genachowski’s initiative to codify and broaden FCC’s network neutrality principles.
– The New York City Council Committee on Technology in Government is set
to consider Nov. 20 a resolution favoring stronger network neutrality
regulations. Resolution 712A-2007 asks the FCC (Federal Communications
Commission) and Congress to set quot;firm net neutrality standards. quot;
The re…
Australian paceman Brett Lee is taking a break from cricket to rest his injured elbow and consider his future in the sport. Lee told a news conference Tuesday in Sydney that if he never plays cricket again ‘I can walk away knowing I’ve given it my best’. An elbow injury that has
Australian women could serve in frontline combat units, including special forces, as the country’s military attempts to ease a recruitment crisis, the government said on Wednesday. Junior Defence Minister Greg Combet said all sections of the country’s small but advanced military should
Mininova, an alternative to BitTorrent tracking site The Pirate Bay, loses a key legal battle as a Dutch court rules that the Mininova site will face fines if it does not take action to remove links pointing to copyrighted material from its servers.
– As The Pirate Bay fights to stay
online, one of its chief rivals has also fallen into the sights of the authorities.
A civil court ordered Dutch
Website Mininova to remove all files on its servers that point to
copyrighted works within three months or face fines. Mininova rivals The Pirate
Bay…
Federal CIO Vivek Kundra proposes removing the ban on placing tracking cookies on federal Websites and instead adopting a policy of using cookies to provide better customer service and allow for enhanced Web analytics.
– The Obama administration is considering reversing a nine-year ban on the use
of tracking cookies on federal Websites. In a July 27 Federal Register notice,
the White House Office of Management and Budget said the administration is
considering a three-tiered approach to the use of tracking cookies…
NEW YORK, July 14 (Reuters) – U.S. officials are weighing a plan to let borrowers who have fallen behind on mortgage payments avoid eviction by renting their home instead, sources familiar with the administration’s thinking said on Tuesday.
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