In his inimitable style, Swiss stocks guru Marc Faber explains why Donald Trump would make an ideal U.S. president, to the shock of his listeners. He lists a surprising reason.
Indonesia has passed a tax amnesty bill into law in a move which should help the government gain additional tax revenue by pardoning tax dodgers. Is the government too optimistic with its targets?
As the United Kingdom begins to unwind its membership of the European Union the British currency, according to many analysts, will continue to depreciate. Is this a once in a lifetime opening for Asian investors.
«We keep adding both investment as well as business development expertise on the ground. Otherwise, we won’t be able to accomplish our achievements in Asia,» Carol Wong from Old Mutual Global Investors says in an interview with finews.asia.
Credit Suisse has launched its Private Banking Asia Pacific app in Hong Kong. The platform was first rolled out in Singapore in March.
We know all about the cup-and-handle chart, and the hockey stick effect is a phenomenon familiar among accountants. But how can an elephant explain the Brexit?
One of the many stories emerging after the British decision to leave the European Union centers around one of the landmark buildings in Canary Wharf – the home of the Credit Suisse Investment Bank.
Despite the hype around the Chinese currency one day becoming the dominant global tender, recent data shows that its penetration in the United States is negligible.
Despite growing in recent years and heightened interest from managers and regulators in Southeast Asia, the Shariah fund space remains highly challenging.
London had crowned itself as the fintech capital of the world, since the Brexit vote however investors into the U.K.’s financial technology sector have begun pulling back. Is Asia going to be a beneficiary?
Switzerland as a haven for dirty money has long been a cherished picture painted by commentators in the Anglo-saxon world. With Brexit a reality, the cliché may soon apply to London more than anywhere else.
The Securities and Futures Commission in Hong Kong has banned a former employee of Wing Lung Bank from re-entering the industry for life following her conviction by the High Court for fraud.
Jean-Louis Nakamura, Chief Investment Officer of Lombard Odier Asia, has cautioned against extreme negative over-reaction to the news of the U.K.’s June 23 EU referendum results.
Britain's decision to leave the EU highlights problems that have plagued Europe for years, but largely been ignored, the former head of Switzerland's central bank says. He describes what Europe must do to find its way out of the current dilemma.
After a drop off in the last quarter of 2015, Asia has broken new funding highs in the first quarter of 2016, suggesting that substantial financial technology investment in the region is expected for the foreseeable future.
Both HSBC and Standard Chartered generate substantial revenues from Asia, but have stubbornly rooted their headquarters in London. Post Brexit will they now rethink their domiciles?
Swiss banks face a particular conundrum after the U.K. voted to leave the European Union: they have set up expansive operations in London for a valuable «passport» into the EU. What now?
The Monetary Authority of Singapore, which has ordered Swiss private bank BSI to close its local operations, said BSI's appeal to a Swiss court against a decision by Switzerland's financial watchdog has no bearing on regulatory action in Singapore.
BSI bank is fighting sanctions imposed by Swiss regulator Finma over links to Malaysian state fund 1MDB. But what can be gained from a high-profile and unpromising attack on BSI's regulator?
Brexit is a vote of no confidence in the political and business establishment in Europe, Claude Baumann, editor-in-chief at finews.asia, writes for finews.first.
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