The Indian government planned to gather USD 2.3 billion through a share sale of its two state-owned firms to boost public coffers, according to sources interviewed by Reuters.

Despite continued speculations that it would go public, Japan-based messaging app Line said it did not see the need to hold an initial public offering.

Panasonic Corp said it could now afford deals worth JPY 100 billion as the company moves towards profits.

Nigeria-based Henshaw Capital Partners Founder and Chief Executive Officer Barbara James said Nigeria could build a USD 20 billion private equity industry by 2020.

A source told Bloomberg that Carlsberg was looking to buy the Tsingtao Brewery Co and Beijing Yanjing Brewery Co.

With the allowance of Baidu for Bitcoin, China's appetite for the virtual currency grows. Nearly a third of the world's Bitcoin transactions are done in China.

Two unnamed sources said India would be selling 10% of its stake in Indian Oil Corp. India planned to sell 10% of its stake in Indian Oil Corp. That would amount to USD800 million, two sources familiar with the matter said.

Singapore investor Temasek Holdings and private equity firm Hopu were among the five investors set to buy a USD213 stake in China Mengniu Dairy Co Ltd.

Ayala Land Inc has pursued its plan to acquire a portion of IRC Properties Inc's lot in Binangonan, Rizal in the Philippines.

The AUD 2.83 billion offer from Dexus Property Group and the Canada Pension Plan Investment Board for the Commonwealth Bank of Australia's listed trust was accepted by the lender.