Asia private equity funds line up dollars for Myanmar Hong Kong's Cube Capital and Marc Faber-backed Leopard Capital are among Asian private equity firms lining up nearly $500 million aimed at Myanmar, hoping to tap into its rich natural resources and fill its infrastructure void, as sanctions on the former pariah state are lifted.
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Australia's Hastie collapses amid struggles for building sector
Australian engineering company Hastie Group said on Monday it has appointed voluntary administrators after recapitalisation talks stalled over an "accounting irregularity".
China to encourage private capital in banking industry
China will give private capital the same entry standards to the banking industry as other capital, state media said on Sunday.
Airtel says to roll out 3G in Rwanda in next quarter
India's Bharti Airtel (BRTI.BO) said on Sunday it would roll out 3G services in Rwanda in the next quarter and reiterated plans to invest $100 million in the central African country.
US IRS preps for potential private equity tax hike
U.S. tax regulators are preparing for a potential tax hike on profits earned by private equity managers .
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New York state's pension fund assets rose 5.96 percent to $150.3 billion in the 2012 fiscal year.
Sovereign wealth fund China Investment Corp (CIC) is in advanced talks to buy an up to $2 billion stake in Alibaba Group.
Private equity firm CVC Capital Partners CVC. UL will cut its ownership stake to about 30 percent in the Formula One motor racing business after the company's up to $3 billion IPO by selling shares on the public market, sources said on Thursday.
Bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies. The following bids, mergers, acquisitions and disposals involving European, U.
Growth capital and buyout funds from the wealthy Gulf Arab region are being drawn towards Turkey's stable and growing economy.
Euro Zone officials told members to prepare contingency plans in case that Greece exit euro zone, according to Reuters.
China faces "invisible impediments" to investing in some parts of Europe, with Europeans nervous about allowing it to move into sectors such as nuclear power, a senior official at China's sovereign wealth fund said on Tuesday.
China is rolling out sweeping brokerage reforms to nurture future global investment banks that officials hope could eventually compete with the likes of Goldman Sachs and Morgan Stanley, a regulatory document showed.
The owners of Getty Images Inc, the largest supplier of stock photos, video and other digital content, have retained bankers to examine a possible sale or public offering of the business, a person close to the matter said Tuesday.
