Recent Posts

Fairfax looks for investment in India, US

Bloomberg Prem Watsa, the billionaire head of Fairfax Financial Holdings Ltd., sees plenty of opportunities for investment in the US and his native India. He’s less interested in the other Asian powerhouse. “In China, we are less invested,” Watsa said in an interview with BNN Bloomberg Television. “We like democracy. We like business-friendly policies.” Watsa, who emigrated from India 46 ...

Read More »

Leverage in Asia buyout loans inches to 2007 levels

Bloomberg Leverage on buyout loans in Asia is climbing close to levels last seen before the global financial crisis as the region’s lenders stomach higher risk in their pursuit of yield. While the typical senior leverage ratio for Asian LBO loans was 3.5 to 4 times earnings, multiples of 4.5 to 5.5 are becoming more common, said Adnan Meraj, Hong ...

Read More »

Malaysia’s Najib takes to social media to defend record

Bloomberg Former Malaysian Prime Minister Najib Razak is taking to social media to defend his economic record, denying his administration manipulated national debt levels and warning the new government against spooking the markets. “The ‘spade’ had always been called a spade,” Najib said on Facebook, hitting back against Finance Minister Lim Guan Eng who said new leaders will tell the ...

Read More »
Send this to a friend