12/30/2013
JP Morgan, Lazard to assess Qld infrastructure assets
The Newman government has set a goal of paying off $30 billion of Queensland’s debt in order to save taxpayers as much as $4 billion a year in interest payments.
Alternative Investments
12/30/2013
Croesus Retail Trust : Acquisition of Interest in Persimmon
On completion of the acquisition, Croesus TMK Hold Co and Persimmon ISH will hold a 25% and 75% interest in the Persimmon TMK respectively.
12/30/2013
Gold traders opt for jewellery imports to tackle curbs on bullion
Also, imported jewellery comes with 92 per cent purity or even in 18 carats. It is easy for jewellers to import, melt and then make into jewellery according to the taste of Indian buyers.
12/30/2013
Chinese Funds Look to Hedge Their Bets
Chinese funds focused on the nation’s domestic stocks are increasingly looking to hedge their bets.
12/29/2013
Chinese-funded banks eager to go global
Yuan-denominated bonds in Taiwan, also called baodao bonds, issued for the first time by the 4 Chinese mainland-funded banks - Bank of Communications Hong Kong Branch.
12/27/2013
Chairman Mao's old home to reopen inside luxury mall
The Shanghai home where Mao Tse-tung first read Marx has become the centerpiece of a luxury shopping centre that calls itself a cradle of "cosmopolitan chic"
12/26/2013
Nonghyup Financial Succeeds in Acquiring Woori Group Firms
Nonghyup and Kiwoom will perform due diligence for about two weeks from the 26th and sign a formal sales and purchase agreement until the end of January.
12/25/2013
China’s economy may be slowing, but you wouldn’t know it from the average car buyer
Passenger car sales in China look set to expand 15% this year—twice the pace of 2012.
12/24/2013
HDFC buys Morgan Stanley's India business in major MF deal
The agreement is subject to regulatory approvals as required
12/24/2013
Singapore’s OCBC to Expand in Indonesia
Bank OCBC NISP currently employs more than 6,000 employees who are highly motivated to serve customers in 380 offices throughout 76 cities in Indonesia.
12/24/2013
China Development Bank To Issue Bonds on Shanghai Exchange
The move came after China's banking and securities regulators last month gave the green light to lenders to issue exchange-traded bonds
12/23/2013
ARA Buys Macquarie Korea REIT Unit
ARA is seeking to double assets under management over five years, focusing on retail and office properties, after attracting U.S. pension investors.
12/23/2013
New Exchange Service Bitcoin.co.id Launches in Indonesia
Bitcoin.co.id joins other Indonesian bitcoin services such as artaBit and tuker.in.
12/23/2013
Global fund firms plot mainland China push
Big fund houses are working on distribution channels in the lead-up to an agreement allowing cross-border sale of investment products
12/23/2013
Ex-HSBC Banker to Start Hedge Fund Seizing Global Opportunities
“We don’t want companies which will swing with macro events. We are looking for companies which will be fine irrespective of macro.”
12/23/2013
Manulife Asset Management Wrapping Up Milestone Year
Manulife Financial manages US$72 billion in private market investments
12/23/2013
Qatar fund in talks to invest $200 million in Indian property
The investments are a shot in the arm for India's property developers
12/23/2013
Hyundai Group to Sell Off Financial Units
Hyundai Group has announced a restructuring plan to sell off financial units for more than $3 billion
12/23/2013
Sprott wins big with Korean mandate
The country’s pension service has US$380 billion of assets under management
12/22/2013
Chinese billionaire killed in helicopter crash as he tours newly-acquired French vineyard
Businessman had been pictured outside a French vineyard he had bought hours before the helicopter he was travelling in crashed