Sovereign wealth funds

Saudi Arabia Tops Sovereign Wealth Spending League, Snatches the Spot From Singapore

Saudi Arabia's Public Investment Fund (PIF) has emerged as the world's most active sovereign investor in 2023, with deals worth billions of dollars.


IMF, World Bank Approve Historic $4.5 Billion Debt Relief for Somalia

The International Monetary Fund (IMF) and World Bank have approved $4.5 billion in debt forgiveness for Somalia...

Sebi upgrading surveillance for CommExes

India's securities market regulator Sebi is upgrading and strengthening its surveillance system on commodity exchanges (CommExes). Recently, Sebi has barred 16 commodity trading members from trading f..

BC Clean-tech alliance seeks $500-mln fund from Trudeau

B.C. clean-tech companies have requested Prime Minister Justin Trudeau to allocate a $500 million venture capital (VC) fund. An alliance comprising 51 clean-tech and investment firms from B.C. provinc..


Latest News

BoFA, investors agree on settlement regarding municipal bond-rigging
Investors including the Bucks County Water & Sewer Authority in Pennsylvania, the city of Baltimore and the Central Bucks School District agreed to settle the municipal bond-rigging case it filed agai
Qinhuangdao Port Co to price Hong Kong IPO at low end of range- source
A source told Reuters that Qinhuangdao Port Co is going to be setting the price of its planned initial public offering at HKD 5.25 per share, which is the bottom of its indicative range.
Punishment looms for Goldman Sachs Group Inc's S.Korea unit
The Financial Supervisory Service of South Korea told Bloomberg it plans to punish the local unit of Wall Street firm Goldman Sachs Group Inc for breaking rules on the sale of financial products.
Private equity investors still bullish on Indian real estate - report
A report from Cushman & Wakefield revealed that the private equity industry is still optimistic on the Indian real estate market, with private equity deals in the sector increasing 26% in the first ni
Largest insurers in UK to pour GBP 25B in infrastructure
A Bloomberg report said the largest insurance firms in the UK will be pouring about GBP 25 billion or USD 41 billion in the country's infrastructure in the next five years.
Versace valuation as over the top as its clothing - NYT
An article published by the New York Times said that the Versace deal may not please investors. Versace valued itself at over EUR1 billion (USD1.36 billion), which is 14 times its current-year EBITDA
Top deals of the day - bids, mergers and acquisitions
The following bids, mergers, acquisitions and disposals were reported on tuesday including Adcock Ingram, Energa, Nordea Bank, Alitalia, Ben Venue, TIM Participacoes, Douglas, Mercator, Novartis, Onco
UK insurers plan to invest 25B pounds in infrastructure
British insurers plan to invest 25 billion pounds ($41 billion) in transport and energy projects over the next five years, the finance ministry said on Wednesday, a day before it presents a half-yearl
Repsol pushes for a convincing compensation amount to expropriate its holding in YPF
Repsol Chairman Antonio Brufau insisted on Tuesday that the government of Argentina should offer a compensation package that will convince the Spanish oil firm to settle the expropriation of its stake
Sources say USD53 billion economic stimulus package is being prepared by Japan this week
The purportedly massive USD53 billion economic stimulus package by the government of Japan was to aid the country from its high tax rates imposed in April this year, said government ministers.
Real Time Analytics