Bloomberg Singapore is proposing to ease regulations for venture capital managers including shortening their application process in a bid to promote financing for startup development. Under a consultation paper published by the Monetary Authority of Singapore Wednesday, new and existing VC managers won’t be subject to the same capital requirements and business conduct rules that currently apply to fund ...

  Bloomberg Billionaire Richard Li’s PCCW Ltd. plans to sell a HK$8.53 billion ($1.1 billion) stake in telecommunications unit HKT Trust & HKT Ltd., amassing cash as the Hong Kong tycoon shifts into greater media investments. The shares of both companies fell. PCCW will sell 840.7 million shares of Hong Kong’s largest phone company for HK$10.15 apiece, it said in ...

  Bloomberg The European Union’s parliament approved a trade deal with Canada on Wednesday, extolling the pact as a sign of cooperation at a time when many political forces, including US President Donald Trump’s administration, are trying to halt globalization. After three hours of debate on Wednesday and years of negotiations preceding that, the legislature approved the deal by a ...