12/22/2015
Zimbabwe to expand use of yuan as China cancels $40 million debt
Zimbabwe abandoned its own dollar in 2009 after hyperinflation
Alternative Investments
12/22/2015
Global Islamic Crowdfunding 2015 - An Opinion Piece from Singapore
Last year, these two platforms Crowdfunded a total of more than US1billion!
12/22/2015
Japan Staffing Firm Recruit Agrees to Acquire Dutch Peer in $1.55 Billion Deal
Acquisition of USG People is the latest example of Japan Inc.’s push for international growth
12/22/2015
ICICI Prudential Asset Management Company to launch Moneyback feature
ICICI Prudential Asset Management Company has declared changes in SID and KIM of various schemes of ICICI Prudential Mutual Fund.
12/21/2015
Super funds warned to take care with venture capital
Super funds need to continue to be highly selective in backing opportunities in the venture capital space and resist calls to dramatically ramp up funding to start-ups
12/21/2015
INSURANCE: New travel policies target foreign tourists
The number of foreigners traveling to Japan between January and November jumped 48% on the year to 17.96 million, data from the Japan National Tourism Organization shows.
12/21/2015
Sun Life closes part of wealth product range
Sun Life Financial International, part of Canada’s giant Sun Life Financial Inc, said it will no longer accept new applications for two of its key wealth products -- Sun Secured Advantage Plus and Sun Investor.
12/21/2015
China pledges policy support to economy, reform in 2016
The annual Central Economic Work Conference is keenly watched by investors for clues on policy priorities and main economic targets for the year ahead.
12/18/2015
AMP Capital to acquire Nordic infrastructure company
Adven is a provider of energy infrastructure for businesses in Finland, Sweden and Estonia.
12/18/2015
Magellan prepping ASX-quoted version of infra fund
It also provides the benefits of live pricing typically associated with exchange traded funds and, importantly, offers active investment management where ETFs do not.
12/18/2015
China Finance Online Receives Proceeds from Real Estate Investment
The receipt of the investment is in satisfaction with the final and binding arbitration award issued in the favor of the Company from the China International Economic and Trade Arbitration Commission on October 23, 2015 and the enforcement agreement dated
12/18/2015
Schroders to merge Japanese funds
An extraordinary general meeting of the unitholders will be held on 22 January 2016 to vote on the change.
12/17/2015
Former ChrysCapital MD raises $100m maiden fund
ChrysCapital founder Ashish Dhawan is among the investors who are backing Kohli's new firm, which signals the rising trend of private equity managers turning to public market investing.
12/17/2015
OneVentures seeks super fund investment
Last week the venture capital firm had to turn away potential investors in its second fund after reaching the $100 million target in committed capital.
12/17/2015
Aviva opens facility to explore digital ideas
It has a team of about 100 people, supported by 200 technology specialists based in Singapore, but they may not always be at the facility.
12/17/2015
A banking dream team is looking at technology that could 'impact financial services the way the Internet changed media'
R3 on Thursday announced that 12 more banks have joined its project, taking the total number of banks signed up to 42.
12/17/2015
Asian markets rise after historic Fed decision
The Fed Chair Yellen indicated that the central bank is on the path of policy tightening, and it will increase its policy rate gradually.
12/17/2015
Founder of Fanya, China’s defaulting metal exchange, missing since October
Fanya defaulted on more than HK$43bn in July leaving mom-and-pop investors baying for blood
12/16/2015
Nation will still work closely with EBRD
The EBRD said that it also expressed a willingness to work with the Beijing-based Asian Infrastructure Investment Bank.
12/16/2015
Singapore-based hedge fund closes after failing to attract investors
More of Asia's smaller hedge funds are closing as volatile markets dent returns, tighter regulations increase costs and institutional investors entrust their money to bigger funds.