- China unveils private pension plan for ageing population, article with imageChina ·
April 21, 2022 · 6:21 AM UTC China unveiled a private pension scheme on Thursday, allowing employees to save funds in pension accounts and invest in financial products, in a major move by authorities to address challenges arising from an ageing population.
- BusinessIndia's HDFC to sell 10% stake in HDFC Capital to ADIA
India's top housing finance firm HDFC Ltd said on Wednesday it plans to sell a 10% stake in unit HDFC Capital to an arm of Abu Dhabi Investment Authority (ADIA) for 1.84 billion rupees ($24.09 million).
- BusinessFidelity appoints Warburg China joint venture head to lead fund unit
British investment manager Fidelity International said on Wednesday it had hired the former head of a Warburg Pincus joint venture in China to lead its new fund management unit in the world's second-largest economy.