Sectors
COLUMBUS NOVA ACQUIRES CONTROLLING INTEREST IN CIFC
Columbus Nova, a New York-based multi-strategy investment firm, announced today that it will acquire a controlling interest in the CIFC.
Rocket Internet-backed Zalora and The Iconic nabs USD112 million in funding
German startup accelerator Rocket Internet raised USD112 million in new funding for online fashion retailers Zalora and The Iconic, making it the biggest single investment made for an e-commerce company in the Asian Pacific region.
US stock index futures decline on Fed taper timing concerns
U.S. stock index futures fell on Tuesday, indicating the S&P 500 may fall for a third consecutive day on concerns a reduction in stimulus by the Federal Reserve may be on the horizon earlier than some had anticipated.
China's Sinohydro to invest in infrastructure projects in Laos, Shandong province
China's biggest hydroelectric dam contractor Sinohydro Group Ltd. will be investing up to USD39.2 million in an hydroelectric project in Laos. The said company will also be investing USD724 million in a construction project in Shandong province.