Facebook eyes 10% stake in Indian telco Reliance Jio
Talks between the two parties have stalled due to the Covid-19 outbreak...
Tag : Asia
Healthcare investor Quadria raises $595 mn in second fund closing
The amount raised in the second fund exceeded its initial target of $400 million...
Morgan Stanley aims to boost its wealth management staff strength in Asia
The US investment banking giant declared that it touched a milestone in profit last year, owing to its wealth business that contributes to over 50 percent of its earnings....
Eastspring sharpens Asia focus with a $500 bn AUM target by 2024
The investment giant’s recent acquisitions has established its presence in more than ten Asian markets...
Malaysia’s Celcom and Maxis to accelerate 5G roll out
The telcos will jointly deploy 5G infrastructure in the country...
Vietnam, Singapore receive 87% of fintech funding in SE Asia
Fintechs in SE Asia raised $1.14 bn during the first nine months of 2019, compared to $679 mn in 2018...
Southeast Asian banks to lose $5 bn due to digitalisation
Banks will face pressure on income from card transactions and fees, with 14.3% of their payments revenue at stake...
Malaysia’s IHH Healthcare to sell stakes in Indian assets
The company will sell a 62% stake in Continental Hospitals and a 74% share in Global Hospitals...
CIMB Singapore’s trade finance platform to generate $100 mn
The bank completed its first trade financing transaction using IoT cargo sensors and blockchain...
Amundi enhances thematic investments for Asia investors
The asset manager launches five new offerings in Singapore and one in Hong Kong...