Industry
Indonesia plans to ease up on divestment rules on foreign miners
Indonesia said it planned to relax the rule that forced foreign mining firms operating in the country to own no more than 49% of their stake in the mines within ten years after production has started.
Indonesia loses private equity allure over buyout prices - report
Indonesia has been losing its attraction as a private equity goldmine due to increased competition, shifting government regulations and high valuation prices.
Chinese insurance firms may seek real estate investments overseas- CBRE Group
The CBRE Group Inc said Chinese insurance companies could spend USD 14.4 billion in commercial real estate investments overseas.
Starboard says several investors are willing to pay more for Smithfield
According to activist hedge fund Starboard Value, there had been several investors who were willing to pay more for Smithfield Foods than the offered price of China's Shuanghui International Holdings.