Asia/Pacific
Islamic finance lobbies outside Gulf
General Council for Islamic Banks and Financial Institutions intends to expand to adjacent countries.
Tiger Airways invests on 'niche' Philippines
Tiger Airways will pioneer a new route in the Philippine budget airline market. (Photo : Reuters)The office of a Tiger Airways ticketing office. Due to the recent spotlight on the Philippines' tremendous economic growth, Asia's low cost airline carrier Tiger Airways takes the opportunity to invest into what it considers to be a 'niche market.
Japan's US$1.1 trillion retirement fund alloted for real estate - CBRE
Japan's Government Pension Investment Fund will use its US$1.1 trillion budget to buy properties in major cities
Exposure to stocks should be lowered - Chinese fund managers
Chinese fund managers suggested a lower exposure to stocks due to a probable cash squeeze. (Photo : Reuters)The image is a bank teller counting yuan. Fund managers from China lowered their preferred exposure to bonds and stocks this June as concerns regarding the effects of a cash squeeze in the money market were raised.