Russian gas giant Gazprom is set to invest 100 billion rubles ($1.5 billion) in Kyrgyzstan's gas pipelines by 2030, the Interfax news agency reported Monday.

A handful of US-based macro hedge funds are looking for their own personal “Soros moment” and betting on the Chinese yuan experiencing a devaluation of between 20% and 50%. Texas-based Corriente Partners, which made hundreds of millions of dollars on Europe’s debt crisis, has been accumulating tailored “low delta” options — essentially bets with long odds — that provide for an up to 50% fall in the yuan, reports Reuters. Corriente is betting that even with $3.3 trillion in foreign exchange reserves, the Chinese government will not be able to resist or control the huge amounts of capital flowing out...

<p style="line-height: 20.8px;">&ldquo;We have received few confirmations from private equity and venture capital companies to raise the funding,&rdquo; Doctor said.&nbsp;However, he declined to divulge more details about the investors but informed, one of them&nbsp;is based out of Mumbaai which manages a VC fund.</p>