SEOUL (Reuters) - South Korea's SK Group Chairman Chey Tae-won said on Monday the conglomerate will make sure that the outcome of his recent divorce payment ruling does not leave SK companies vulnerable to hostile takeover or other problems. The Seoul High Court ruled in late May that Chey must pay more than $1 billion to his estranged wife as...

BEIJING (Reuters) -China's new home prices fell at the fastest pace in more than 9-1/2 years in May, official data showed on Monday, as the property sector struggles to find a bottom despite government efforts to rein in oversupply and support debt-laden developers. Prices were down 0.7% in May from the previous month, marking the 11th straight month-on-month decline and...

Activist investor Starboard Value has reportedly acquired a significant stake in Autodesk Inc ( ADSK ) and is advocating for changes within the company. Autodesk’s architecture, engineering, and construction solutions include AutoCAD and Revit, their flagship product for relational building information modeling. What Happened: Starboard Value has invested approximately $500 million in Autodesk ( ADSK ), a design-software company. The...

TOKYO (Reuters) -Japan's core machinery orders fell in April for the first time in three months, government data showed on Monday, due to a pullback from the prior month's big jump, but the Cabinet Office said capital spending remained on track for a recovery. The data followed the Bank of Japan's (BOJ) decision last week to start trimming its huge...