RRJ on track for US$3.5b venture capital target
Investors have poured US$ 3.1 billion into the second fund launched by RRJ Capital, one of Asia’s biggest venture capital firms, just US$ 400 million shy of the target it…
Asian markets reverse rally on new European fears
Asian markets tumbled on Tuesday, bringing a recent rally to a juddering halt, as Wall Street and European shares were hit by political concerns in Spain and Italy. The euro…
Fortune favours the bold, for now
The concept was simple. Ask an adviser to set up two portfolios – one defensive and one dynamic – and see how his picks perform over time. Markets & Investing…
Asia shares rise on Wall Street, US jobs
Asian markets gained on Monday, following a Wall Street rally on upbeat jobs data, while the dollar and euro held on to healthy gains made against the yen at the…
Citic Trust delays payment on product
Citic Trust had earlier flagged the possibility of delaying interest payments on the wealth management product, which had raised money destined for Three Gorges Quantong Coated & Galvanised Plate, a…
Profits dampener for mainland IPOs
Data from information provider Hexin Flush Information Network shows firms that listed last year had unexpectedly lacklustre earnings for the year. Markets & Investing feed…
Hang Seng soars as mainland rally excites investors
Investors were also excited by the onshore market, which rallied for a third day after a mainland official said Taiwanese institutional investors might have an extra 100 billion yuan (HK$…
Standard Life Investments to tap investment shift
Standard Life Investments, the US$ 270 billion investment management arm of British-listed life insurer Standard Life, is planning a major expansion in Asia to exploit investors’ new-found appetite for diversified…
Sands eyes bigger share of Macau gaming market after 52pc net rise
“In Macau, we delivered record financial results with outstanding growth and strong operating momentum reflected in every segment of our business,” said Adelson, the chairman and chief executive of the…
Asian markets mixed, China factory data underwhelms
Asian markets were mixed on Friday, with Tokyo supported by further weakness in the yen, while Hong Kong and Shanghai dipped after official data showed Chinese manufacturing saw a moderate…
