invest

The Australian investment bank takes a 41% stake in the Incheon Grand Bridge project in a deal made possible only under support from the Korean government.

Bank Negara has just decided to allow institutional investors to place up to 10% of their assets overseas.

The US-based AIG consortium notified the government yesterday (Wednesday) that it intends to invest as much as W1.1 trillion ($944 million) in Hyundai Investment Trust and Securities.

Filipino tycoon Lucio Tan is promising a $200 million investment in PAL in return for government protection from foreign competition. Six weeks ago he was looking to sell out for $200 million.

China''s financial reform half-measures may impede foreign insurers'' ability to manage funds.