Nesil Staney
Anil Ambani goes hostile
Anil Ambani, the billionaire owner of India’s Reliance ADAG, has sparked a bidding war for Fame India, a film distributor in a country where hostile takeovers are rare.
Reliance MediaWorks has offered to buy 62 per cent of Fame,
Sino-Russian finance
A date for Asian diaries:
Event: Russia – Capital Raising and Investment Summit – Hong Kong
When: April 12 – 14
Where: The Four Seasons, HK
Keynote Speaker: Ronald Joseph Arculli, chairman of Hong Kong Exchanges and Clearing Ltd.
Bangladesh: Asia’s hottest frontier?
Emerging market investors are weighing increasing their exposure to a tiny market: Bangladesh.
The country’s benchmark Dhaka Stock Exchange General Index has scaled new highs almost every week this year,
CIC’s push in Asia could face resistance
Lou Jiwei, the chairman of China’s well-endowed SWF, CIC, recently reiterated the fund’s focus this year on what is now routinely labeled Emerging Asia. Jiwei added that the opportunities in these markets come with ample risk.