Australia-based Corporate Travel Management (CTM) announced that it is seeking to raise AUD53 million (USD49.6 million) to buy a 75.1% stake in travel service provider Westminster Travel.

Equity investors were seeing fewer options to place their bets on the market as the stock rally had driven up company valuations, said a Bloomberg report.

Singapore-based fund manager Duxton Asset Management purchased a 50% in seven cattle and sheep farms in Otago, New Zealand, and is looking for further investments in the country.

South Korea was reported to be a possible investor in Britain's nuclear power market after the Asian country hired Lloyd's Register to evaluate its nuclear reactors, according to a director at Lloyd's.

Etihad Airways, the national carrier of the United Arab Emirates, said it has bought a 33.3% stake in Swiss carrier Darwin Airline for an undisclosed amount.

A report from the Financial News website said private equity companies were now looking for investments in fossil fuels prompted by large discoveries of shale gas in the US.

Sources who were familiar with the proceedings said the bidding group who planned to buy the aircraft-leasing unit of American International Group Inc would be welcoming Chinese financier Xiao Jianhua and Taiwanese tycoon Richard Tsai as its additional partners.

China's recent government CNY20 billion or USD3.3 billion bond sale recorded a 5.3% yield, which was the highest obtained by the mainland since selling debt since 2009.

Combined Japan-US app maker Gree Inc planned to acquire several undisclosed businesses in order to expand its product portfolio beyond the social gaming arena amid plummeting revenue.

Vietnam-based Ho Chi Minh City Housing Development Commercial Joint-Stock Bank (HDBank) revealed an on-going discussion with three Japanese firms about the sale of 30% of its stake.