Asia/Pacific
BlackRock cuts Hong Kong investment
BlackRock Inc. had reduced its Hong Kong investment after slow growth in the economy, said a Bloomberg report.
Asiasion Capital share sale questioned by SGX
The Singapore Stock Exchange had questioned the authority of Asiasons Capital to issue new shares for the acquisition of a stake in a US oil and gas company.
FWD Group formalizes investment agreement with Swiss Re
Swiss Re set to formalize a USD425 million investment for 12.3% of FWD. An investment worth USD425 million was agreed upon between Swiss Re and FWD Group, HK entrepreneur Richard Li's insurance firm.
Dailymotion plans for new acquisition, Japan office
According to news agency AFP, video platform Dailymotion intended to continue with its acquisition and Asian expansion plans despite failed buyout talks between its parent company Orange and Yahoo Inc.