Reports said that investments in the Philippines increased by almost 40% after six months. Asia's 'rising economic tiger' posted another increase in local and foreign investments as four major placement agencies approved businesses today.
Investors
Grosvenor Capital Management agrees to Credit Suisse Group's CFIG buy
Grosvenor Capital Management and Credit Suisse agreed on the latter's sale of its Customized Fund Investment Group.
Investments should be made before elections - CII
The Confederation of Indian Industries said that now is the time when India needs foreign direct investments the most.
Investments pour into Biotech Corp
Biotech Corp said that it has already passed its investment target for this year. Malaysian Biotechnology Corporation, one of the largest biotech firms in Southeast Asia, said that it will be expecting a total of RM3 billion worth of investments in the sector this year.
RSA unfazed by Canada floods, unstable investments
RSA's shares gained ground today after losing due to bad weather conditions in Canada. Shares of RSA Insurance Group gained momentum today after stumbling from its 33% dividend slash early this year.
Latest News
Direct Line Insurance Group gained profits after lower claims mitigated offset placements. The United Kingdom's largest insurance provider for homes and automobiles, Direct Line Insurance Group, said that weather events in the country prevented the lowering of investment returns.
Two confirmed cases of cyclospora in Louisiana were confirmed and now the disease could become an outbreak.
Five investment projects were approved by Malaysia's National Key Economic Area today. Five new projects in Malaysia with a total investment value of RM388.
Thoma Bravo completed its purchase of Intuit Financial Services to recreate Digital Insight. Private equity firm Thoma Bravo announced the completion of its purchase of Intuit Financial Services.
H&M finally launched its online store after its 13-year stay in the country. H&M, a Swedish fashion retailer, finally launched its own e-commerce site August 1.
The managed assets of the largest publicly-traded hedge fund in the world shrunk by as much as USD 52 billion in the first half.
Thomson & Reuters data revealed 2013 to be a weak year so far for international mergers and acquisitions.
IAG's restructuring of Iberia started paying for itself as the company posted operating profits of EUR 245 million this quarter.
The boards of Kabel Deutschland formally endorsed Vodafone's EUR 7.7 billion bid to acquire Germany's largest cable operator.
