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BoJ fails to hire more women in management

Tokyo / Bloomberg The Bank of Japan (BoJ) has made no progress in increasing the proportion of women in management positions in the past two years. Women held 4 percent of management posts in 2015, which was unchanged from 2013, according to a comparison of a statement released Tuesday and one from 2014. The central bank, in the statements, said ...

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500 Startups to inject US$10mn in Vietnam fund

Hanoi / Bloomberg 500 Startups is starting a $10 million fund dedicated to Vietnam as the Silicon Valley venture capital firm founded by Dave McClure backs more of the country’s technology startups. Growing Internet use by its young population, where the number of mobile phones exceeds the number of residents, provides an attractive bet in the nation that gave rise ...

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Goldman-backed ‘nimble gorilla’ targets distressed Indian assets

New Delhi / Bloomberg Indian billionaire Ajay Piramal is a man on a shopping mission. His firms are training their sights on distressed assets discarded by indebted businesses and banks struggling with bad loans. His unlisted real estate unit, recently flush with cash from Warburg Pincus & Co. and Goldman Sachs Group Inc., is looking to buy land parcels from ...

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