The delay gives Anbang more time to win approval from US regulators.
By Ranjeetha Pakiam
Perth Mint sees rising sales as global concerns trigger demand for haven assets.
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 »
Despite tough talk by President-elect Donald Trump about a possible trade war, Chinese investors are hungry for U.S. biotech and they’ve got money to spend.
2017 and the period until 2020 is likely to see the continued growth of logistics as a growth sector and investment destination for investors interested in tech startups.
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 »
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 »