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  • October 26, 2014
  • Last updated: 2:33pm
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  1. Business - Economy - INVESTMENT

    Chinese buying up assets in recession-torn Italy

    Posted Oct 14th 2014, 04:48am by Bloomberg

    ... the website that has a mirror Chinese-language site Maimaiouzhou.com Bankruptcies have reached a record high in Italy this year, with more than 8,000 companies going bust in the first half in Italy, ...

  2. Business - Money - INVESTMENT

    Sovereign wealth fund CIC at risk with Bumi investment

    Posted Sep 08th 2014, 04:13am by Toh Han Shih

    ... Bumi from bankruptcy, and becoming more liable for their environmental and social wrongdoing," said Imhof. Bumi in July sold a 19 per cent stake in Kaltim Prima Coal, Indonesia's ...

  3. Business - Banking & Finance - INVESTMENT

    Credit Suisse banks on rich shifting into hedge funds

    Posted May 26th 2014, 05:06am by Jeanny Yu, Ray Chan

    ... annual report shows. Event-driven strategies, which seek to exploit pricing inefficiencies that may occur before or after a corporate event- such as a bankruptcy, merger, acquisition or spin-off- ...

  4. Business - Banking & Finance - INVESTMENT

    Investors' funds at risk as trust product sold by CCB defaults

    Posted Feb 12th 2014, 01:27pm by Reuters in Shanghai

    ... bankruptcy … there is no problem with the firm’s assets JILIN PROVINCE TRUST OFFICIAL Though the maturity date has already passed, producing a technical default, Jilin Trust appears to be working to recover investor funds. "Restructuring isn't bankruptcy. As far as we know, there is no problem with the firm's assets. The firm is in negotiations with investors," the paper ...

  5. Business - Banking & Finance - INVESTMENT

    Vietnam loosens bank stake rules

    Posted Jan 08th 2014, 03:42am by Reuters

    ... to bankruptcies of tens of thousands of small businesses. The State Bank of Vietnam (SBV) set up an asset management firm last year to buy bad debt from lenders in return for bonds in an effort to tackle ...

  6. Business - Commodities - INVESTMENT

    Mongolia's mining dream turns sour as promised bounty proves elusive

    Posted Feb 06th 2014, 04:24am by BLOOM

    ... of Mongolia's top 10 banks have folded or merged to avoid bankruptcy. The latest was Savings Bank, which defaulted on about US$100 million of loans in July and sparked a London court case by South ...

  7. Business - Money - INVESTMENT

    Distressed US cities look to China for cash boost

    Posted Aug 01st 2013, 12:00am by Toh Han Shih

    ... at international law firm Squire Sanders. Last month Detroit became the biggest US city to file for bankruptcy. Several cities in Michigan (the state where Detroit is) are under emergency management, ...

  8. Property - International - INVESTMENT

    Lucky Real company in Hong Kong seeks buyers for homes in debt-hit Cyprus

    Posted May 08th 2013, 12:00am by Peggy Sito

    ... billion) international bailout to save it from bankruptcy. Their company, known as Lucky Real, is now marketing several resort-style developments in Cyprus. All projects are being exhibited ...

  9. Business - Money - INVESTMENT

    Hong Kong still No 2 for ease of doing business

    Posted Oct 24th 2012, 12:00am by Enoch Yiu

    ... measures like a new company law in 2005 and a credit registry in 2006. In 2007 it introduced its first bankruptcy law and property law. Last year China completed the first stage of a new building ...



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