Recent Posts

Modi hits multiple targets in surprise anti-graft move

Bloomberg In a bold move against corruption and unaccounted wealth, Prime Minister Narendra Modi has acted to arrest the drift in his popularity and place constraints on election funding, which will benefit him in crucial state elections next year. But Modi’s late-night announcement of a crack down on unaccounted wealth through the withdrawal of high-denomination bank notes left Indians with ...

Read More »

Japan moots $6.7bn Russia gas pipe to greet Putin

  Bloomberg Japanese lawmakers are revisiting a plan to build a $6.7 billion natural gas pipeline from Russia ahead of a visit by President Vladimir Putin to the Asian country next month. A group of about 80 lawmakers from ruling parties will ask the government by the end of this month to carry out a feasibility study on the project, ...

Read More »

China Evergrande boosts stake in rival Vanke

  Bloomberg China Evergrande Group, the country’s largest property developer, increa- sed its stake in rival China Vanke Co., renewing concerns about a potential battle for control. The Guangzhou-based developer bought 161.9 million Shenzhen-listed Vanke shares between Aug. 16 to Nov. 9, Evergrande said in a filing to Hong Kong’s stock exchange after the close of trading on Wednesday, boosting ...

Read More »
Send this to a friend