Moody's Investor Service had upgraded the ratings for the United Arab Emirates from negative to stable due to recent real estate recoveries and the decline of problematic loans in the market.
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TPG Capital appoints Tim Dattels as new Asian operations co-head
TPG Capital replaced Stephen Peel with Tim Dattels as co-head for Asian operations and assigns Peel to focus on TPG's interests in emerging markets beyond the region.
Rosedale Aviation exits from Flybe Group
osedale Aviation Holding had exited from its 48.1% interest in the airline carrier to institutional investors expecting its free to increase 85%.
Third Plenum Communique creates hope, fosters disappointment in market
Amid the run up to the Third Plenum, many market investors who have waited for the policy direction from the Chinese government had made them either hopeful or disappointed with the communique released by President Xi Jinping.
Private equity firms investing in India seek government action on alleged fraud with portfolio firms
Many local and foreign private equity firms have been seeking the government of India to conduct investigations on alleged fraud and poor corporate standards of some portfolio companies.
Latest News
PetroChina's acquisition of Lots 57, 58 and X would help the state-backed oil and gas company diversify its assets abroad, said one analyst.
The government of Osaka prefecture's exit from the OTK Group was its strategy to privatize the latter.
Ugandan energy company Umeme Ltd. obtained USD190 million in funding from the International Finance Corporation, Standard Chartered Bank and Stanbic bank. The long-term loan would be used for the company's capital investment program.
Sweden-based app maker MAG Interactive collected USD6 million in funding from Nokia Growth Partners to be used for the development and expansion of its product and facilities.
Austrian Constantia Flexibles targeted to raise EUR821 million in its initial public offering. The packaging group would be selling 32.2 million shares in the IPO.
California-based seaweed chip company New Frontier Foods Inc. bagged USD1.7 million in its first seed funding round from executives at top corporations and other investors.
An article pointed out how the donation of the state of Hong Kong paled in comparison to donations and efforts by HSBC Group and KGLI Asia.
Helsinki-based Sanitec Corporation planned to launch an initial public offering on the Stockholm Stock Exchange. The bathroom ceramics and fixtures maker is owned by EQT.
Chicago-based tech company Trustwave Holdings Inc signed a deal to acquire New York-based data security software provider Application Security Inc for an unconfirmed amount yesterday.
