Hedge fund to help rebuild hotels in Japan

Asia’s second largest hedge fund Sparx Group Co has launched a fund to invest in rebuilding hotels located in Japan that were impacted in the March earthquake.


Gold Tops $1,900 for First Time

Gold extended its rally to a record above $1,900 as mounting concern that the global economy is faltering spurred demand for bullion as a protection of wealth.


Alcoholic drinks firm boosting SE-Asia presence

Due to such demographics, Ms Sheth added that the region alone could see about 20 million consumers come of drinking age in the next five to seven years, with higher disposable income and a larger propensity to spend, particularly on international brands