Greater China
Washington’s has been cracking down on Chinese drones in recent years.
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India Digest: Dugar Finance; PowerUp Money in funding news
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Australian retirement fund ART to buy $576m stake in Westfield Sydney mall
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US bars approvals of new models of China's DJI, other foreign drones
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China jails Zhongzhi Enterprise's ex-chairman for illegally taking public funds
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Amova Asset Management takes controlling stake in Malaysia’s AHAM Capital
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General Atlantic acquires majority stake in Indonesia’s Sociolla
Vietnam VC enters discipline-first era as investors get selective
PE giant Carlyle to acquire KFC’s S Korea business
Hillhouse’s Samty launches $500m multifamily asset fund
IFC weighs $20m investment in Malaysian fintech Boost Holdings
China’s largest e-commerce platforms show no signs of halting an “instant retail” price war.
India
Sebi has been facing challenges in investigating offshore transactions.
The reforms aim to level the playing field for smaller and retail investors.
The current model encourages investors to stockpile funds for arbitrage plays.
The regulator has been easing investment norms for pension funds.
World
Ceconomy held personal data on around 21.62 million Italian customers.
The proposed rules seek to restore investor confidence.
Rest of Asia
Saudi Arabia is preparing to shift PIF away from real estate projects.
China’s securities regulator published draft rules for a pilot programme of commercial REITs.