EXS Capital committed at least US$35 million into Son Kim Land, a big player in Vietnam's real estate industry.
Asia/Pacific
Spotify expands in Asian countries
The London-based online music provider tries to break into several Asian counties in an effort to race with Pandora in global expansion efforts.
Malaysia's Boustead makes plantation REIT private, plans IPO
Malaysia's Boustead planned to make its plantation REIT private and offer an IPO. Malaysian company Boustead Holdings Bhd stated that it would be making private its US$190-million plantation REIT.
Zoomlion, Sany rivalry escalates
Sany alleged Zoomlion of kidnapping Liang Wengeng and his assistant Two of the construction giants in China have escalated their rivalry in an attempt to get a bigger share in the construction equipment industry in the country.
Bernanke speech, US retail sales sent Asian stocks down
Bernanke speech and US retail sales sent most Asian stocks down. US retail sales, which were weaker than expected, caused most Asian stocks to drop Tuesday.
Latest News
Rival luxury retail malls in Singapore revealed plans for a public listing, broadening investors' choice.
Blue Sky Private Equity acquired minority stake in Oak Tree Group. Blue Sky Private Equity invested around AUD20 million for a minority stake in retirement community developer Oak Tree Group.
ALS Ltd. agreed to pay SCF Partners US$533 million to buy Reservoir Group. ALS Ltd. agreed to pay SCF Partners US$533 million to buy Reservoir Group. ALS Ltd, the largest the largest provider of commercial testing services in Australia set the transaction to acquire one of SCF Partners biggest portfolio.
Baidu Inc announced plans to acquire stakes in NetDragon Websoft Inc's 91 Wireless. Baidu Inc announced plans to acquire stakes in NetDragon Websoft Inc's 91 Wireless.
Century Bridge together with Coastal Greenland said they would be investing US$45 million for residential development in China.
McDonald's signed a licensing agreement with Good Day Hospitality to open its first store in Vietnam.
The South Korean steel making company pulls out from deal to put up US $5.5 billion plant after land acquisition became difficult.
The opening up of the Indian forex market has allowed the stock exchange to further grow in recent times.
The US and China agree on parameters as to intellectual property and trade secrets. The concerns on cyber theft of intellectual property as well as trade secrets were acknowledged by both the United States and China.
