JAKARTA (REUTERS) - Indonesia's central bank has approved the bid by Singapore's DBS Group to buy up to 40 per cent of PT Bank Danamon, governor Darmin Nasution said on Tuesday.
ROME (AFP) - Italian fashion group Giorgio Armani's sales revenue rose over 2 billion euros (S$3.2 billion) last year - a 16 per cent increase from 2011, and including an 11 per cent jump in crisis-hit Europe.
LONDON (AFP) - British mobile phone giant Vodafone said on Tuesday that annual net profits tumbled 90 per cent after it took a vast £7.7-billion (S$14.69 billion) impairment charge relating to its businesses in debt-laden euro zone nations Italy and Spain.
BANGKOK (REUTERS) - Thailand's central bank governor said he was ready to ease monetary policy if the economy was really slowing but he wanted to see further details about the weakness in private consumption suggested in first-quarter data.
PERTH (REUTERS) - Workers at Australia's Newcastle port, the world's largest thermal coal export facility, plan to stop work for eight hours on Friday to protest proposed changes to their work contract that could hit working conditions and jobs.