Asia's share of global private equity investments has doubled to 21 percent in the past four years, helped by last year's strong growth and that figure should continue to rise, a top McKinsey & Co executive told Reuters.
Industry
In the IPO capital of the world, Western banks go hungry
A sleepy fishing village just three decades ago, the southern Chinese city of Shenzhen last year hosted more IPOs than New York, Hong Kong and London combined.
Tesla CEO sees EVs being as popular as gas-powered cars
Tesla Motors Inc Chief Executive Elon Musk on Friday made a stunning forecast: battery-powered cars will likely match the internal combustion engine in popularity by the middle of the next decade.
Safety scandals give foreign dairies a boost in China
Global food and dairy companies are making another round of big bets on China's fast growing dairy sector.
U.S. companies started spending their stored cash
According to a report from Federal Reserve, total corporate cash stored at the end of last year declined nearly $500 billion.
Latest News
European Union lawmakers approved a draft law on Thursday making it easier to channel funds into start-up companies from next year.
Australian private equity returned 7.85 percent to investors in 2011. Australian private equity returned 7. 85 percent to investors in 2011, and on a three-year basis returns far outstripped the benchmark Australian stock index, industry data showed.
Clean Edge’s Third Annual State Clean Energy Index Provides Critical Benchmarking and Analysis of Dynamic U.S. Clean-Tech Landscape.
U.S. tax regulators are preparing for a potential tax hike on profits earned by private equity managers .
In a letter to publishers and editors, Warren Buffett said Berkshire Hathaway will probably purchase more newspapers in a few years.
Regional brokerage and investment bank Raymond James Financial on Wednesday said equity capital markets business in April continued to lag 2011 levels, and that markets in May so far remain challenging and volatile.
Goldman Sachs Group Inc plans to channel investments totaling $40 billion over the next decade into renewable energy projects.
Google Chrome has become the world’s top browser, surpassing Internet Explorer in recent weeks. Google Chrome has become the world’s top browser, surpassing Internet Explorer in recent weeks, according to a report of statcounter.
Pressure on the mining industry amid a global economic slowdown has not deterred a handful of mining companies from tapping the high-yield market with five deals emerging in recent weeks.
