Canadian investment manager Brookfield Asset Management Inc was able to raise USD 1 billion for its fifth fund.
Sectors
Mayur Nallamala is new RBC GAM Asian equities head
The Royal Bank of Canada Global Asset Management unit named Mayur Nallamala as its new Asian equities head.
LIXIL Corp completes acquisition of ASD Americas Holding Corp for USD 542 million
Japanese group LIXIL Corp completed its purchase of ASD Americas Holdings Corp for USD 542 million.
HKex hires Pratt as CEO
Hong Kong Exchanges and Clearing Ltd announced London Metal Exchange Executive Martin Pratt as new CEO.
PBOC says trust loans to be included in its database
China's central bank said it would include all loans issued by trust companies in its database in an effort to curb risky lending.
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Norway said its sovereign wealth fund could now include Africa Israel Investments and its subsidiary company Danya Cebus in its investment portfolio.
Sergei Shvetsov was named as the head of a new Russian "mega-regulator" to oversee the country's financial markets.
JPMorgan Chase had identified possible candidates for new directors of the bank's board . JPMorgan Chase & Co is near to identifying the company's two newest directors, according to Reuters' source.
KPN said it had invited its shareholders to a meeting on October 2 to vote on the proposed sale of its German unit E-Plus to Telefonica.
African Barrick Gold named industry veteran Bradley A. Gordon as its new Chief Executive Officer. African Barrick Gold appointed Bradley A. Gordon as its new Chief Executive Officer.
A Chinese coal firm offered USD 160 million for Turquoise Hill's Inova Resources Ltd. Shanxi Donghui Coal Cooking & Chemicals Group said it would be offering USD 160 million for Inova Resources Ltd.
A state think-tank said Chinese banks have reduced loans on property developments in smaller cities because of the glut in unsold homes there.
Facebook Inc unveiled new project, Internet.org to provide online access to more people around the world.
Eastman Kodak was cleared by bankruptcy court to begin the company's restructuring. Eastman Kodak Co. emerged from bankruptcy court Tuesday after a judge cleared the company to begin a new chapter.
