FeaturedOil & GasBrazil records crude export increase to AsiaInternational Finance Business DeskJuly 22, 2020 by International Finance Business DeskJuly 22, 2020 State-owned Petrobras has offered competitive deals to Asian refiners... Read more
FeaturedTelecomSaudi Arabia’s Public Investment Fund to invest $1.5 bn in Jio PlatformsPritam BordoloiJune 19, 2020 by Pritam BordoloiJune 19, 2020 PIF will acquire a 2.32% stake in Jio... Read more
FeaturedTelecomAbu Dhabi Investment Authority buys 1.16% stake in Jio for $752 mnPritam BordoloiJune 8, 2020June 8, 2020 by Pritam BordoloiJune 8, 2020June 8, 2020 So far, Reliance has now sold just over 21% of Jio Platforms... Read more
FeaturedInvestment and fundingMicrosoft to invest $2 bn in India’s Reliance’s Jio PlatformsPritam BordoloiMay 28, 2020 by Pritam BordoloiMay 28, 2020 So far, Jio has raised around $10 bn from investors such as Facebook, Silver Lake, KKR and Vista Equity Partners... Read more
EnergyFeaturedCoronavirus pandemic to heavily impact renewable energy projectsPritam BordoloiMay 5, 2020 by Pritam BordoloiMay 5, 2020 The projects are mostly dependent on imports from China, the epicenter of the coronavirus pandemic... Read more
FeaturedOil & GasAramco slashes oil prices in Asia despite historic dealInternational Finance Business DeskApril 14, 2020 by International Finance Business DeskApril 14, 2020 Aramco slashed its selling price for Asian buyers by $4.20 per barrel... Read more
FeaturedTelecomFacebook eyes 10% stake in Indian telco Reliance JioInternational Finance Business DeskMarch 26, 2020 by International Finance Business DeskMarch 26, 2020 Talks between the two parties have stalled due to the Covid-19 outbreak... Read more
FeaturedHealthcareHealthcare investor Quadria raises $595 mn in second fund closingBharath KumarMarch 4, 2020March 18, 2020 by Bharath KumarMarch 4, 2020March 18, 2020 The amount raised in the second fund exceeded its initial target of $400 million... Read more
Asset ManagementFeaturedWealth managementMorgan Stanley aims to boost its wealth management staff strength in AsiaBharath KumarJanuary 22, 2020March 18, 2020 by Bharath KumarJanuary 22, 2020March 18, 2020 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.... Read more
Asset ManagementFeaturedEastspring sharpens Asia focus with a $500 bn AUM target by 2024Bharath KumarJanuary 22, 2020March 18, 2020 by Bharath KumarJanuary 22, 2020March 18, 2020 The investment giant’s recent acquisitions has established its presence in more than ten Asian markets... Read more