A group of prominent economists claims that the Maharlika Investment Fund will draw much-needed cash away from other parts of government.
Mubadala forms $600 mln Japanese residential property venture
Abu Dhabi state investor Mubadala has formed a joint venture with Proprium Capital Partners and Manulife Investment Management to build an up to 80 billion yen ($572 million) property portfolio, Mubad …
Japan’s Nikkei Doubles From Pandemic Lows, Giving Buffett Boost
Big-cap Tokyo stocks are leading the charge as investors rotate out of China, where interest rates are being cut, and into Japan.
Refugees are living longer in exile than ever before, with complex consequences for them and their host communities
Refugees are legally protected under international law from deportation but often do not have safe places to live or the opportunity to legally work in their host countries. Most refugees live outside …
AIIB to provide $400m as budget support to Bangladesh; deal signed
The government today signed a $400 million budget support loan agreement with the Asian Infrastructure Investment Bank (AIIB) to implement the second subprogram of the Sustainable Economic Recovery …
Chaos ensues after couple come home to vulture in their Georgia house, video shows
A couple walked into their house to find a vulture perched in their living room. Chaos ensued. Screengrab from Vernalisa Rougeux on Facebook A couple walked into their home in Georgia to find …
Macau Legend to sell Savan Legend in Laos for US$45mln
Gaming and hotel services firm Macau Legend Development Ltd says it has signed a letter of intent to sell its Savan Legend casino resort in Savannakhet, Laos, for a total consideration of US$45.0 …
Early humans left Africa and reached Asia earlier than thought, fossil discovery reveals
DNA analysis of present-day human populations has supported the hypothesis that early modern humans left Africa around 50,000 to 60,000 years ago, and archaeologists have thought our early ancestors …
Israel ramps up home demolitions to fight terror, but at what price?
Israel says home demolitions act as a deterrent, at a time when terrorist attacks are on the rise. Some experts say they only feed the cycle of violence.
A $204 million mansion is Dubai’s most expensive house for sale
The home in the desirable Emirates Hills neighborhood has 60,000 square feet of indoor space though only five bedrooms: At 4,000 square feet, the primary bedroom is bigger than most homes.