Recent data by the US Commodity Futures Trading Commission indicated that hedge funds are the least bullish about their bets in gold despite strong US economic data.
Venture Capital
Leonardo DiCaprio invests in Monaco's Formula E team
Hollywood actor Leonardo DiCaprio has invested an undisclosed amount in Monaco-based electric car startup Venturi Automobiles and co-founded a new electric racing team which will compete in the Formula E series next September.
Australian taxi app ingogo picks up AUD3.4 million, hints 2014 IPO
Australia-based taxi app ingogo has raised an additional AUD3.4 million in venture capital funding and expressed plans for a 2014 listing on the Australian Securities Exchange (ASX).
Dutch firm Vopak invests in LPG facility in Singapore
Netherlands-based independent tank storage provider Royal Vopak will invest in an independent import liquefied petroleum gas (LPG) facility in Banyan terminal at Jurong Island, Singapore.
Practice Fusion raises USD15 million in Series D funding to accelerate growth plans
Practice Fusion, maker of the Electronic Health Records (EHR) platform, received an additional USD15 million in Series D funding apart from the USD85 million it raised earlier for the round in September, TechCrunch said in its report.
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The second fund, which is run by former regional head of New York-based hedge fund Perry Capital LLC Alp Ercil, is targeting to raise USD1.1 billion to invest in distressed assets in Asia.
Formosa International Hotels chairman Steven Pan Si-liang is not daunted to the task of expanding the Regent Hotel brand to saturated Hong Kong and China markets, as evident in a recent interview by the South China Morning Post.
The real estate in India holds promise to institutional investors, as noted by global realty consultant Cushman & Wakefield as private investment in the country's real estate sector jumped 26% in the first nine months of this year.
A study featured on Forbes revealed that the US still leads around the world in providing entrepreneurs with access to venture capital funding.
Former Square Wallet technical lead David Byttow and former Google product manager Chrys Bader-Wechseler are raising USD1.2 million in seed funding for their new startup called Secret.
According to the UK-based "Global State of Enterprise Mobility for the Past, Present and Future" report, mobile apps could be the most invested-in startups in 2014.
California-based venture capital firm Benchmark has closed its eighth fund with a total of USD425 million, according to a US Securities and Exchange Commission (SEC) filing.
Finance Minister K.M. Mani said on Thursday the Kerala Financial Corporation (KFC) is launching a venture capital fund to back startups in the state of Kerala in India.
Beijing Interoceanic Canal Investment Management Co announced the joint venture of billionaire Wang Jing and Ukrainian partner Kievgidroinvest LLC to construct an economic development zone and port on the Crimean peninsula.
