Last Wednesday, Religare announced the investment of US based bank, Customers Bancorp Inc valued at US$51 billion.
Asia/Pacific
Bangladesh more open to investments
Bangladesh is expecting more foreign investments especially from India. (Photo : Reuters)These are Bangladeshi workers. The country of Bangladesh expects a rush of investments coming from neighboring India.
Bankrupt Suntech extends forbearance agreement
Suntech extended its forbearance agreement with its bondholders. (Photo : Reuters)The image is the frontage of the corporate headquarters of Suntech. Chinese solar energy and systems manufacturer Suntech Power Holdings Company extended a forbearance agreement with what it says as "a majority" of its unpaid convertible bond holders.
New CIC Head to be appointed
According to a WSJ report, China is set to appoint Ding Xuedong to be the new head of China Investment Corporation.
UBS extends lead through Southeast Asian boost
Swiss bank UBS remains on top of Asia-Pacific equity capital market through the boom in Southeast Asian countries.
Latest News
High-net individuals Tighe and Tomlinson invested $10.1 million into Revel Systems. (Photo : Wikimedia Commons)Rumors of the iPad mini predict an unveiling toward the end of the month, according to PC Magazine.
ONGC Videsh looked at another energy asset in US while Oil India neared acquisition for an African oil and gas asset.
Yesterday, Bumi agreed to recover the missing US$173 million from its former CEO, Rosan Roeslani but is still subject to shareholders' approval.
ADM proposed takeover deal of GrainCorp overcame its first regulatory hurdle with the Australian watchdog.
The Chinese securities regulator grants mutual fund licenses to HSBC and Citigroup. (Photo : REUTERS)Banking group HSBC has settled a case brought by a fund over losses it suffered during the collapse of fraudster Bernie Madoff's financial empire, potentially paving the way for more claims against fund custodians.
India's ICICI said that it is picking exporter stocks amidst foreign fund exits. (Photo : Reuters)Securities and Exchange Board of India chief U. K.
On Wednesday, Macau Legend relaunched its reduced Hong Kong IPO after postponing and restructuring the deal that was supposed to set price last June 21.
TPG bids with Blackstone as well as MEASAT for Optus' Australian satellite. (Photo : Reuters)The image is the corporate logo of SingTel. TPG Capital is currently participating in two separate bids for the Australian satellite unit of Singapore Telecommunications Ltd.
Due to current market conditions, the IPO for Travellers International Hotel Group has been postponed to a later date.
