Temasek Backing Monashees, Brazil's Biggest VC
Singapore state investor Temasek Holdings has invested in the $150 million early-stage venture capital fund raised by Monashees, the biggest VC firm in Brazil, focused on backing tech startups in Latin America.
Blackstone, GIC Buying Out Goldman Sachs' Stake In Rothesay Life
Global investment firm Blackstone, Singapore sovereign fund GIC and Massachusetts Mutual Life Insurance Company (MassMutual) have agreed to acquire Goldman Sachs' entire shareholding in British- based pensions provider Rothesay Life for an undisclosed sum.
Mercuria, Petrochina Selling Fuel Oil Stored Offshore Singapore, Malaysia
Mercuria and Chinese state oil giant PetroChina are selling fuel oil stored in vessels off Singapore and southern Malaysia, several trade sources say.
China's Tech Warlords Eye Southeast Asia
Isaac Ho, founder at Venturecraft Group, and several investors were watching a pitch from a cancer-detection startup in Singapore when one of the Chinese billionaires present got up and, without a word, scrawled “Speed x Market Share” in Chinese characters on a whiteboard.
Norway Wealth Fund Has Not Found Attractive Property Investments In Tokyo, Singapore
Norway's $935 billion sovereign wealth fund, the world's largest, has not found suitable real estate projects in Tokyo and Singapore, despite long-standing plans to invest in the two Asian capitals, the fund's chief executive said on Tuesday.
Singapore Launches $717M IP Fund
SINGAPORE - Singapore on Wednesday launched a S$1 billion ($717.31-million) fund to invest in companies with strong intellectual property profiles as part of a government push to establish the city-state as a global IP centre.
China Overtakes Singapore As Top Property Investor In Malaysia: Report
KUALA LUMPUR - China has overtaken Singapore as the biggest investors in the Malaysian property market amid Chinese emigration to Malaysia, the Financial Times reported on Monday (March 27). The business paper reported that Chinese groups have invested more...
China Overtakes Singapore As The Largest Asian Outbound Property Investor
China last year surpassed Singapore as the largest source of Asian capital in the global real estate market for the first time, accounting for nearly half of the total US$60 billion investment. However, this year smaller deals might replace the large transactions seen in 2016, according to global real estate service provider CBRE.
It's A 'Wonderful, Wonderful' World In China Stocks, $6.7B Hedge Fund Says
Throw out the idea that emerging markets are a single concept and instead choose places that have political predictability and enough domestic demand to withstand a currency crisis. That’s the thinking at Algebris Investments (UK) Ltd., a $6.7 billion global hedge fund whose macro credit fund outperformed peers in January. And it’s why China is looking interesting to Ivan Vatchkov, the chief investment officer for Asia in Singapore at Algebris. For Vatchkov, 38, China has a buffer against global market turmoil thanks to its political cohesion and its tight controls on capital flows. The macro credit fund returned 2.6 percent...
Sunway Property Eyes RM1.1B Sales In 2017
KUALA LUMPUR: Sunway Property aims to achieve RM1.1 billion sales this year on the back of new launches. Sunway Bhd Managing Director of Property Development Division for Malaysia and Singapore Sarena Cheah said the group planned to launch between 10 and 12 projects in Malaysia and another in China, with a gross development value (GDV) [âS]