06/30/2014
Future Generali Insurance breaks even in six years
The gross written premium for the year surged 13 per cent to Rs 1,303 crore against Rs 1,151 crore last year
Alternative Investments
06/30/2014
Qatar, China groups to open Peninsula Paris after €430m refurb
The building near the Arc de Triomphe was previously an international conference centre and was acquired by developer Qatari Diar for €456m in 2007, with HSH taking its 20% stake in 2009.
06/29/2014
French, Chinese central banks agree on renminbi payment system
The payment system agreed between France and China will function on the basis of a clearing bank that will be designated by the People's Bank of China (PBOC), the French central bank said.
06/27/2014
Gold’s flow East seen for 20 years as Asian wealth spurs demand
China’s consumption, which increased to a record 1,176.4 metric tons in 2013, is expected to be “more or less the same” this year,
06/27/2014
Investors Ready $1 Billion War Chest for Office Assets in India
In November, Singapore warehouse and industrial park developer Ascendas Pte Ltd announced plans to invest in Indian real estate, focussing on office space, with a target asset size of 600 million Singapore dollars.
06/27/2014
Singapore's Gamblers Get a New Bank
The number of pawnshops in the city-state jumped to 214 this year from 114 in 2008
06/27/2014
Successful First Chinese – Swiss Financial Round Table
The participants discussed possibilities for future collaboration and for a Swiss Renminbi hub.
06/27/2014
PAG acquires Commerzbank’s real estate subsidiary in Japan
Tokyo office rents are expected to increase over the next 12-24 months
06/26/2014
Pension money starts to trickle into India
Private equity executives told Asia Asset Management that investors now have prominent and potentially lucrative exit options such as IPOs and trade sales, which are helping to lure foreign institutions. In May, ICICI Bank Ltd, India’s second-larges
06/26/2014
$3 billion later - money mounts up for Milford
Milford may soon be snapping at the heels of the country's largest locally-owned investment shop
06/26/2014
AIMA signs Memorandum of Understanding with the Asset Management Association of China
The MoU outlines areas of future cooperation between the associations and highlights their joint commitment to strengthening the exchange and cooperation of the Chinese and international fund management industries.
06/26/2014
Bitcoin Legal Basics: Russia and Asia
The Asian continent features multiple governments and central banks who are not altogether excited about their citizens using Bitcoin. Russia, Thailand, India and Vietnam all comprise a significant slice of humanity for whom owning and using Bitcoins coul
06/26/2014
Chinese company invests in Caribbean
Yida International Investment, a China-based investment group, plans to spend US$2bn to develop a destination resort with a casino on the Caribbean island nation of Antigua and Barbuda.
06/26/2014
Hedge funds enjoy USD18.6bn in inflows in April… Tiger Management backs new Asia focused fund…
Tiger Management is now run by Mr. Robertson's son, Alex
06/26/2014
Dacheng advises on formation and financing of Yunnan urban development fund
They were responsible for offering legal advice on the formation of the fund and transaction mode
06/25/2014
Singapore Exchange to launch physically backed gold contract
The current price benchmark for gold is the so-called London
06/25/2014
PE India Star likely to exit Global Offshore
A source close to the development said India Star has already sounded some global shipping giants
06/25/2014
Manulife Financial's Global Growth on Track
The company’s presence in Asia, which dates back to over a century ago, gives it a competitive advantage.
06/24/2014
Tiger Management Backing New Asia-Focused Hedge Fund
Long considered one of the savvier long-term investors in the industry, the 81-year-old Mr. Robertson shut down his own hedge fund in 2000 and shifted to doling out his money to other managers.
06/24/2014
New China Real Estate IPO May Spawn Country's Latest Billionaire
China had a record 152 billionaires on the 2014 Forbes Billionaires List