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Rooster coins boost Perth Mint sales as haven asset demand soars

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Perth Mint sees rising sales as global concerns trigger demand for haven assets.

Perth Mint. Photo: Bloomberg
Anbang Insurance. Photo: Bloomberg
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The logo of Sharp Corp is seen at Tochigi plant in Yaita, north of Tokyo, November 19, 2015. REUTERS/Reiji Murai/Files
Euro, Hong Kong dollar, U.S. dollar, Japanese yen, pound and Chinese 100 yuan banknotes are seen in this picture illustration, January 21, 2016.   REUTERS/Jason Lee/Illustration/File Photo
The headquarter building of China Investment Corporation (CIC) is pictured in Beijing, China, March 1, 2016. REUTERS/Jason Lee
China sovereign wealth fund CIC plans more US investments

China Investment Corporation (CIC), the country’s sovereign wealth fund, is looking to raise alternative investments in the United States due to low returns in public markets, its chairman said on Monday. CIC will boost its investments in private equity and hedge funds as well as making more directinvestments in the world’s… Read more »

A biological testing process underway at a personal products lab. Photo: Bloomberg
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Photo: Bloomberg
Qualcomm to invest in SoftBank’s $100b tech fund

Qualcomm Inc., the largest maker of mobile phone chips, will invest in a new $100 billion technology fund that Japan’s SoftBank Group Corp. plans to launch this year, the Wall Street Journal reported. It was unclear how much the San Diego-based company would invest, the Journal said, citing unnamed people… Read more »

Photo: Mint
India 2017: IT, telecom brace up for disruptions, consolidation

Reliance Jio Infocomm Ltd’s aggressive launch last year should certainly lead to consolidation among telecom companies. Two big disruptive technologies—bots and cloud computing—meanwhile pose an existential dilemma for India’s $150 billion outsourcing industry. 2017 should see a more aggressive push by domestic information technology (IT) firms in monetizing platforms, investments… Read more »