Business

Blazing a trail

Mitsui Sumitomo buys into major Sri Lanka insurer

TOKYO -- Mitsui Sumitomo Insurance has purchased a stake in Sri Lanka's Ceylinco Insurance, becoming the first Japanese insurer to make a foray into the island nation with a growing economy. The casualty insurance arm of MS&AD Insurance Group Hol...

Asean Business File

Total's new plant: Singapore becomes lubricant hub

SINGAPORE -- Total, the French oil and gas conglomerate, on Friday opened a lubricant oils...

Property

Thinking long term : Sovereign wealth funds step up property investments in Asia

LONDON -- Sovereign wealth funds from around the world are pouring money into Asian proper...