Sunday, March 19, 2023

Tag Archives: Asia

Asia Private Equity Weekly News, March 19, 2012

(Reuters) – News and developments in Asia private equity from Reuters News for the week ending March 16.  MARCH 16 PRIVATE EQUITY firm CVC Capital Partners Ltd is pulling out of Australia, Asia-Pacific’s biggest buyouts market, as it faces one of the largest ever losses for a firm in the region and rapidly fading bank support, people familiar with the situation …

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East Asia may double size of currency volatility fund

(Reuters) – Southeast Asian nations and Japan, South Korea and China may double the size of a facility created to help each nation fight currency volatility, the Wall Street Journal said on Monday, quoting an Association of Southeast Asian Nations official. The group is considering increasing to $240 billion the funds that could be drawn through the Chiang Mai Initiative …

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Deutsche Bank Recognized as Best Islamic Trustee/Custodian by Islamic Finance News

NEW YORK, Mar 14, 2012 (BUSINESS WIRE) — Deutsche Bank today announced Islamic Finance News has recently recognized the Bank as Best Islamic Trustee / Custodian in its 2011 Best Banks Poll. This is the second consecutive year Deutsche Bank has achieved this recognition. The Islamic Finance News 2011 Best Banks Poll takes an unbiased and all-encompassing approach in selecting …

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Asia stocks fall, China trade highlights slowdown

Asian Markets stocks

(03-12) 03:41 PDT LONDON, United Kingdom (AP) — Markets were steady Monday ahead of a meeting of European finance ministers that is expected to pave the way for a second massive bailout for Greece that will prevent the debt-ridden country’s imminent bankruptcy. Ministers from the 17 countries that use the euro are meeting later and Greece will again be at …

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Asia Private Equity Weekly News, March 12, 2012

(Reuters) – News and developments in Asia private equity from Reuters News for the week ending March 9.   MARCH 9 PRIVATE EQUITY-controlled Link Group, a share-registry company, is looking to raise capital for global expansion through a stake sale, with global buyout funds lining up as bidders, according to sources with knowledge of the matter. CVC CAPITAL Partners Ltd …

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Asian currencies advance

asian currencies

Asian currencies advanced for a third week after reports signaled a pickup in U.S. economic growth, spurring inflows into emerging-market assets. The Bloomberg-JPMorgan Asia Dollar Index (ADXY), which tracks the region’s 10 most-active currencies excluding the yen, added to this year’s rally after claims for jobless benefits among Americans held at a four-year low. The Federal Reserve said on Feb. 29 the economy …

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Citi: New wave of liquidity to enter Asia in March

liquidity

Citi: New wave of liquidity to enter Asia in March

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Hong Kong: Model for growth in Asia

Hong Kong is an economically sustainable model for Asia, with “one of the best liveable environments in the world”, says Dr Kenneth DeWoskin, Director of Deloitte China Research and Insight Centre. Ahead of the Asian Financial Forum 2012, Dr DeWoskin believes the Rmb gives Hong Kong a competitive advantage and its marketisation “has reached an equilibrium”. Speaker: Dr Kenneth DeWoskin, …

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Swire and Sun Hung Kai tap market for close to $1 billion

origami

Swire Pacific, Sun Hung Kai Properties and DBS rush to issue as Greek rescue package buoys credit markets. It was another hectic day in Asia’s debt markets yesterday as the news of a second rescue package for Greece helped boost credit markets. While Greece is far from being out of the woods — and bondholders have agreed to take a …

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Asian finance firms face a hefty Facta compliance burden

facta

The regulations for the US Foreign Account Tax Compliance Act were announced earlier this month, and Asian financial institutions can no longer play wait-and-see, according to PwC. The proposed regulations for the US Foreign Account Tax Compliance Act (Facta) were finally issued on February 8, and they will significantly affect foreign financial institutions (FFIs), including those in Asia, according to …

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