China
Actavis exits stake in China joint venture to Chiral
Dublin, Ireland-based pharmaceutical firm Actavis sold its stake in Chinese subsidiary Actavis (Foshan Pharmaceutical Co) for an undisclosed sum because of its limited presence in the country.
PCA Investments to close hedge fund after CIC takes out backing- sources
PCA Investments have decided to close a multistrategy hedge fund after China's sovereign wealth fund China Investment Corp withdrew its support, according to sources interviewed by Bloomberg.
Survey shows improving Japanese sentiment, equities lifts regional investor sentiment
The latest Manulife Investor Sentiment Index for Asia showed that an improved investor sentiment in Japan and an improving view towards equities brought up the investor sentiment in the Asian region.
ASL Marine to acquire Miclyn Express Offshore shipyard in Indonesia for $20M
Singapore-based shipbuilder ASL Marine Holdings agreed to acquire Miclyn Express Offshore's shipyard in Batam, Indonesia for $20 million through it subsidiary PT Sukses Shipyard Indonesia.