Indonesia
The beneficial owner of FMCG distributor RMS has been detained.
1
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2
FMO proposes $20m investment in South Asia Growth Fund IV
3
Jakarta prosecutors detain KoinWorks borrower in $33m irregular loan case
4
PE firms Warburg, KKR, TPG in talks to invest in Cloudnine: Report
5
Indian quick commerce startup FirstClub raises $55m led by Peak XV, Sofina
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Greater China
Tiger said investors can still trade overseas.
Prosecutors allege that Makarim was involved in improper laptop procurement.
Li heads the flagship offshore unit of China’s brokerage giant Citic.
The rules will take effect from July 1.
The investment arm could request funds from the state budget.
The reforms could draw top wealth managers and star investors to set up in the city.
World
A review found deficiencies in the way HUB24 added new investment options for its members.
The EU antitrust regulators opened a full-scale investigation under the bloc’s subsidy rules.
India
The order relates to a $150m loan from QIA to Byju’s Singapore-based investment firm.