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.


Latest News

The retail debt asset base of Reliance Mutual Fund grew 1.5 times its retail asset base between 2012 and 2013.
The therapeutic protein molecule Anticalin would be the subject of the an agreement between Zydus and Pieris.
DBS Group Holdings had welcomed former Royal Bank of Scotland Group banker Rogerio Bernardo as its newest addition to its Singapore-based bond syndicate team.
A regulatory filing by Softbank Corp had confirmed rumors of the Japanese company purchasing a stake in US mobile distributor company Brightstar Corp.
Goldman Sachs, as well as a number of hedge funds or investment firms, is subject of a review by Korean regulators for compliance with local laws.
The plan is to raise funds from a share sale of Huaneng Renewables Corp. Wind farm operator from China, Huaneng Renewables Corp, is planning to raise HKD1.
A number of top notch companies have sent their bids to build Mongolia's Tavan Tolgoi Power Plant.
Japanese firms Softbank Corp and games developer GungHo OnLine Entertainment had purchased a controlling stake in Supercell for USD1.53 billion.
Britain's Chancellor of the Exchequer George Osborne announced via a Twitter post that Industrial and Commercial Bank of China (ICBC) would be issuing a yuan-denominated bond on the London bourse next month.
Wumart Stores was said to be in discussions with CP Lotus to buy the latter's units, according to a source who told Bloomberg.
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