Brief overviews of Asia's tech start-up environments for investors. For American and Canadian investors looking to put their money into tech start-ups,The Economist provides a quick overview of business environments in China, India, Singapore, South Korea, Hong Kong and Taiwan, and Vietnam.
Regions
Casting a Wide Net, European Private Equity Firms Draw In High-Yield Investors
As Europe’s sovereign debt crisis continues and banks grow increasingly selective about making loans for deals involving private equity, European private equity firms are being forced to look elsewhere for the financing they need to complete acquisitions, based on Friday's NYT DealBook article.
Ralls Corp. Sues Obama for Blocking Wind Farm Purchase
Ralls Corp., the Chinese-owned company that was blocked by President Obama on Friday from building four wind farms in Northern Oregon, has added President Barack Obama as a defendant in a lawsuit alleging that the government exceeded its authority, The Wall Street Journal reported Tuesday.
China’s 7 Days Group Announces Go-Private Offer
China's 7 Days Group Holdings, owner of the country's second largest hotel chain, received a buyout offer to go private last week from a consortium that includes the Carlyle Group, Sequoia Capital China and the company's co-chairmen Boquan He and Nanyan Zheng.
Another Acquisition for Reliance Steel & Aluminum Co.: Sunbelt Steel Texas
The largest metals service center in North America, Reliance Steel & Aluminum Co., announced that effective Oct. 1 it had acquired all outstanding limited liability company interests of the privately held Sunbelt Steel Texas, LLC.
Latest News
The two main political parties in Greece are facing their own financial crisis. (Reuters) - The two main political parties in Greece are facing their own financial crisis.
Brent crude slipped below $110 per barrel on Wednesday, weighed down by worries that a fragile global economy could hit demand, although the risk of disruptions to supply from rising tensions between Iran and Western nations kept losses in check.
Life-sciences and health investing, long shunned by venture-capital investors, is making a comeback.
IDFC Private Equity has invested about 1.55 billion rupees ($28.80 million) in private Indian dairy firm Parag Milk Foods.
Australian surfwear company Rip Curl said it has received unsolicited approaches from several international companies.
New York-based private equity firm General Atlantic LLC has invested $44 million for a minority stake in Turkey's yemeksepeti.com.
The co-chief executive of Morgan Stanley's Asia operations said on Wednesday China IPO regulators should protect investors.
Goldman Sachs and private equity firm CVC Capital Partners Ltd have proposed a debt-for-equity swap for CVC's Australian television network Nine.
Private equity firm Bain Capital LLC is the unnamed second bidder for Australian surfwear company Billabong International.
