John Garland created an 888 Fund which aims to attract the wealthiest investors in Asia. (Photo : Reuters)This is an Australian dollar. John Garland, a businessman from Perth, Australia, formed an investment fund in an attempt to attract Asia's wealthiest investors to the Australian market.
Sectors
Disagreement over Reported Bid Values for Lloyd's Banking Group
Disagreement as to how much was offered for 632 Lloyds Banking Group PLC ensued between NBNK Investments PLC owner Peter Levene and the Lloyd's CEO Antonio Horta Osorio.
Zimbabwe's public investment firm eyes lisitng
ZMDC is considering getting listed at the Zimbabwe Stock Exchange, said the mines minister. (Photo : Reuters)These are flags of Zimbabwe. The government of Zimbabwe is considering listing its state controlled interest mining vehicle Zimbabwe Mining Development Corporation on the Zimbabwe Stock Exchange.
Canada Sets Out to become First North American Yuan Currency Trading Hub
Canada's banks are striving to make Toronto a yuan currency trading hub, which would a first in North America.
Diageo Secures Position in India through Control over United Spirits
Diageo Plc, the world's largest distiller acquired control of United Spirits Ltd (UNSP), a well-known maker of Bagpiper whiskey in India.
Latest News
Google's acquisition of Waze could put Israel's tech development industry back on the map, analysts said.
Dixon Advisory raised US$161 million for a new commercial asset fund. (Photo : Reuters)This is the logo of Dixon Advisory. Dixon Advisory, a financial planning entity, announced today that raised a total of US$161 million for a new commercial property fund.
EBX Group's shares were considered worthless as the company officially breaks up today. (Photo : Reuters)This is Eike Batista. The exit of Brazilian billionaire Eike Batistsa from MPX Energia officially started the collapse of his former industrial conglomerate giant EBX Group.
Manila Water Company's (MWC) stock prices plummeted after a week since it was reported that the water regulator was letting its consumers pay for its taxes.
Maybank invested on technology firms across four Southeast Asian countries to help its business processes.
Lanco Infratech Ltd. (LANCI), an Indian power conglomerate still remains optimistic about its Australian mining business, despite being caught up with liquidation proceedings for tax problems.
The African Development Bank conducted feasibility studies on Northeast African projects. (Photo : Reuters)This is the Nile River in modern times. African Development Bank's energy sector official Khalid Al Askari said today that the bank have conducted studies on a planned electricity link investment project spanning three countries - Ethiopia, Sudan, and Egypt.
Five directors of Trio Capital Limited accepted enforceable undertakings from APRA. (Photo : Reuters)This is the corporate logo of Trio Capital. In an announcement made by the Australian Prudential Regulation Authority or APRA today, five Trio Capital Limited directors have been relieved of their positions due to their admission of failure.
According to sources, Barclays PLC, Citigroup Inc and JPMorgan Chase & Co. are set to manage Eastern Europe's largest budget carrier, WIzz Air's initial public offering.
