India
The fund will invest in performing and cash-flowing Indian companies.
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Zoho, Lingotto pump $45m into Indian electric bike company Ultraviolette
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Daiwa Securities will nominate a director to Ambit Wealth’s board.
Indonesia
The sovereign fund raised $3b through a sale of “Patriot” bonds in Oct.
The fund will pursue both buyouts and strategic growth equity.
Rest of Asia
The bank targets 200 billion yen in annual net gains.
Philippines
BillEase joins a growing roster of digital-centric fintech players that have bought smaller banks.
Both sides have agreed on commitments that will be jointly submitted to the OJK.
The regulator will soon gradually raise it first to 10%, including on future IPOs.
Greater China
Wu Qing was appointed the chairman of CSRC in February 2024.
In January, Zijin Gold parent was added to the Uyghur Forced Labor Prevention Act Entity List
