Intudo Ventures, an Indonesia-focused venture capital firm, raised $20 million in its debut fund as it seeks to capitalize on rising consumption in the world's fourth most-populous nation. The fund closed after doubling its initial target of $10 million, said Patrick Yip, a Jakarta-based founding partner of
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One of the main regulations governing leasing arrangements is IFRS 16. In January 2016, the International Accounting Standards Board issued a new accounting standard for leases, called IFRS 16, replacing the old IAS 17 scheme. The new regulation describes the recognition, measurement,
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You didn't have to be some dad with an E*Trade account or an ex-manager for Target Corp. shorting the VIX to get burned. The smart set took its lumps in the downdraft, too. Days before the S&P 500 Index's biggest selloff since 2015, bullishness among hedge funds specializing in stocks surged to the
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The e-car development is inexorable. Within two years, electric vehicles will represent as much as 8 percent of total sales globally, Moody's Investors Service said in a report on Jan. 23. In 22 years, electric cars will make up 54 percent of total new sales, according to Bloomberg New Energy Finance.
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Bitcoin and other digital currencies have stormed back after massive selloffs last year, and such episodes are likely to recur three to five times in 2018, Anthony Pompliano, managing partner at the firm investing in cryptocurrency start-ups told Bloomberg Television. “There are a lot of people who have
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