11:17 am April 21, 2014 | No Comment
MNC Land, a listed property developer, aims to sell a 10 percent stake in a rights offering this year to finance its spending.
10:43 am April 21, 2014 | No Comment
Indonesia’s central bank expects inflation to ease in April, for a rise of 7.2 percent on the year, an official said on Monday, compared to 7.32 percent the previous month.
9:31 am April 21, 2014 | No Comment
Creditors who want to know how Mt. Gox at one point lost some $500 million worth of bitcoin and another $27 million in cash from its bank accounts, are seeking answers from chief executive Mark Karpeles, who has spent recent days huddled in meetings with lawyers in Tokyo.
8:19 am April 21, 2014 | No Comment
Dubai Islamic Bank’s lending growth is this year poised to catch up with its peers for the first time since 2012, boosted by the United Arab Emirate’s economic recovery. The world’s oldest Shariah-compliant lender may expand its loan book by about 10 percent in 2014, according to estimates from EFG-Hermes Holding and Arqaam Capital matching more »
8:09 am April 21, 2014 | No Comment
A former Soros Fund Management team will start a Hong Kong-based hedge fund in the third quarter of 2014 with at least $150 million in initial capital including seed capital from HS Group, making it one of the biggest start-ups in the region this year.
8:01 am April 21, 2014 | No Comment
Japan’s weakest export growth in a year spurred a wider-than-forecast trade deficit in March, adding to challenges for Prime Minister Shinzo Abe in steering the economy through the aftermath of an April 1 sales-tax rise.
7:57 pm April 20, 2014 | No Comment
The International Finance Corporation, the World Bank’s private lending arm, will boost its investment in Indonesia this year, maintaining its optimistic outlook on the nation’s economic growth.
5:09 pm April 20, 2014 | No Comment
Beijing. Strong demand for new automobiles in China has laid the foundations for the next leg of business for carmakers BMW, Audi and Mercedes-Benz: the second-hand premium car market. China’s auto market is the world’s biggest and is set to grow between 8 percent and 10 percent this year, fueled by increasingly affluent buyers, who more »