Research
Report finds developing countries lose nearly $1 trillion to illicit money flows in 2011
Global Financial Integrity, a Washington-based group that tracks illicit financial flows from developing countries, reveals that nearly $1 trillion were lost to illicit transactions in 2011.
Hedge funds run in Asia are cheaper than in US, Europe by 42% - survey
Despite the discount of costs to run hedge funds in the Asian-Pacific region, Citigroup Inc's recent survey revealed that not all hedge funds in the region are successes in expanding its assets and achieving profitability.
Private equity funds have more dry powder for acquisitions - report
Institutional investors were putting more money to private equity funds as they bet on improved dealmaking in the next two years, according to a report.
Small steps to Mars are a big leap for Indian companies
Indian companies that built most of the parts for the country's recently launched Mars mission are using their low-cost, high-tech expertise in frugal space engineering to compete for global aerospace, defence and nuclear contracts worth billions.