
Japan regulators offer flexibility for stability
To date, the Japanese government has estimated that damage from the interconnected natural disasters is likely to reach at least $198 billion, and it has pegged the possible economic loss at between JPY16 trillion ($196 billion) and JPY25 trillion ($306 billion); potentially much larger than the World Bank’s prediction of JPY19 trillion ($233 billion).
Before the earthquake, from the end of 2010, although the stock market had not yet recovered to pre-Lehman crisis levels, the market had been showing moderate improvement. While average share prices and...
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Asian GPs slow implementation of ESG policies - survey
Asia-based private equity firms are assigning more dedicated resources to environment, social, and governance (ESG) programmes, but policy changes have slowed in the past 12 months, in part due to concerns raised internally and by LPs, according to a...
Singapore fintech start-up LXA gets $10m seed round
New Enterprise Associates (NEA) has led a USD 10m seed round for Singapore’s LXA, a financial technology start-up launched by a former Asia senior executive at The Blackstone Group.
India's InCred announces $60m round, claims unicorn status
Indian non-bank lender InCred Financial Services said it has received INR 5bn (USD 60m) at a valuation of at least USD 1bn from unnamed investors including “a global private equity fund.”
Insight leads $50m round for Australia's Roller
Insight Partners has led a USD 50m round for Australia’s Roller, a venue management software provider specializing in family fun parks.