[NEW YORK] The Blackstone Group's acquisition of human genealogy provider Ancestry.com is expected to be backed with up to US$2.5 billion of new debt financing, according to two sources familiar...

[NEW YORK] Blackstone Group said on Wednesday it agreed to acquire genealogy provider Ancestry.com from private equity rivals for US$4.7 billion, including debt, placing a big bet on family-tree...

YANLORD (China) Investment Group, a unit of property developer Yanlord, has inked an investment agreement of up to seven billion yuan (S$1.4 billion) with an affiliate of Singapore’s sovereign...

[KOLKATA] BlackRock and Singapore's sovereign wealth fund GIC bought shares in Bandhan Bank as the main shareholder of India's most profitable bank sold 106 billion rupees (S$1.94 billion) of its...

[BEIJING] China Three Gorges is exploring selling a stake worth as much as US$4 billion in the state-owned power company's overseas asset portfolio, according to people familiar with the matter....

WORK-from-home will be a passing fad in India - at least that's what investors are signalling.

GIC REPORT

DESPITE the turbulence unleashed by the Covid-19 pandemic, GIC's portfolio remains resilient and Singapore's foreign reserves under its charge have been protected by the sovereign wealth fund's...

GIC REPORT

TENSIONS between the US and China have been worsened by the economic pain from the pandemic. This will add to urgent calls for diversification of supply chains, though a "major retreat" from...

IN navigating an investment world plagued with low returns and heightened uncertainties, GIC stress- tests its portfolio across a range of plausible scenarios to ensure it is robust, a move which...

THESE are extraordinary times. We are at the confluence of a public health, economic and financial crisis.