Sunday, 17 November 2024

REAL ASSETS Thursday, 10 December 2015 15:05

Sotheby’s Claims Market Lead In Chinese Works Of Art

As the hammer came down on Sotheby’s Hong Kong Chinese Works of Art December Sale Series it brought the Hong Kong 2015 annual auction total for Chinese works of art to HK$1.696 Billion, making it the highest annual total for the category among all international...

FINANCE Thursday, 10 December 2015 15:04

MarketAxess Launches Electronic Asian Local Currency Bond Trading

MarketAxess Holdings Inc. (Nasdaq: MKTX), the operator of a leading electronic trading platform for fixed-income securities, and the provider of market data and post-trade services for the global fixed-income markets, added the ability to trade local currency...

FINANCE Thursday, 10 December 2015 14:55

Iconic Hong Kong Hotel Group Gets London Planning Consent

Hongkong and Shanghai Hotels, Limited renowned as the owner of The Peninsula Hotel in Hong Kong, together with their Joint venture developers Grosvenor Britain & Ireland, have been granted planning consent for a new 190-room hotel, to be known as The Peninsula London,...

FINANCE Wednesday, 9 December 2015 14:58

Michael Blake Set To Head UBP In Asia

According to sources in Zurich it is thought that Michael Blake, previously general manager for Coutts in Asia, will relocate back to the region to lead the enlarged firm as soon as the Swiss bank has completed the acquisition. Earlier this year Blake was...

REAL ASSETS Wednesday, 9 December 2015 14:57

Bonhams Hong Kong Chinese Art Sales Show Market Still Buoyant

Bonhams three Chinese Ceramics and Works of Art sales in Hong Kong last week made an impressive £6,400,000. The sales had been carefully curated to present collectors with select groups of high quality works sourced from important collections.

FINANCE Wednesday, 9 December 2015 14:56

Knight Frank Global House Price Index - Hong Kong Home Prices Record 16.7 Percent Annual Price Growth

Despite gloomy predictions for the Hong Kong property market in 2016, it ranked second in the third quarter with annual home price growth of 16.7 percent. Leading international property consultancy Knight Frank has published the Global House Price Index for Q3...

FINANCE Wednesday, 9 December 2015 14:53

Surge In Demand For Multi-Devise, Multi-Asset Trading: Saxo

Saxo Capital Markets, Australian subsidiary of online trading specialist Saxo Bank, has revealed that 50% of its Asia Pacific region trading volume and revenue is now being generated by retail traders through its multi-devise, multi-asset trading platform,...

FINANCE Tuesday, 8 December 2015 21:56

Vontobel Launches Robo Adviser for Structured Products

Hitherto, Vontobel wasn't at the forefront of the digital revolution in the financial services industry. Now, the bank is the first to launch an instrument guiding the purchase of structured products.

FINANCE Tuesday, 8 December 2015 15:03

Commonwealth Bank And Goldman Sachs Enter Equities Strategic Alliance

Australia's Commonwealth Bank and Goldman Sachs have announced a strategic alliance that will create a preeminent capability in equities by combining leading equity capital markets and investment research expertise with Australia’s largest online retail share...

FINANCE Tuesday, 8 December 2015 15:02

Singapore Billionaires Plan London Skyscraper To Match The Shard

Two Singapore-based billionaires have put forward proposals for a new skyscraper on the site of the existing Aviva Tower in the City of London that will match the height of Europe’s tallest building The Shard. Kuok Khoon Hong and Martua Sitorus, who founded the...

FINANCE Tuesday, 8 December 2015 15:01

CBRE Appoints Alan Li Head Of Capital Markets, Greater China

Commercial real estate services and investment firm CBRE has announced the appointment of Alan Li to the role of Head of Capital Markets, Greater China. Mr Li will be joining CBRE in mid-December and joins from JLL where he was previously Head of Capital Markets,...

FINANCE Tuesday, 8 December 2015 14:58

Art And Classic Cars Drive Double-Digit Growth In Knight Frank Luxury Investment Index

The Knight Frank Luxury Investment Index (KFLII) has risen in value by 10% over the 12 months to the end of September, outperforming both the FTSE 100 equities index and the top end of the London residential housing market over that time. Classic cars (+18...

FINANCE Monday, 7 December 2015 22:26

BSI: «Perfect Fit» for Julius Baer?

BSI private bank may be available because of liquidity problems at owner BTG Pactual. Rumors have it that Julius Baer is interested in buying the bank. Seven reasons why.

FINANCE Monday, 7 December 2015 15:14

Barclays Considering Further Job Cuts In Asia

Recent reports in Asia have speculated on whether London headquartered Barclays Bank may be about to join the likes of Societe Generale and dispose of the Asian based private wealth business. Last week news emerged that senior banker Bryan Henning had resigned...

FINANCE Monday, 7 December 2015 15:12

Record Low For Hong Kong Property Sales

Last week we reported that UBS projected a 10 percent slide in Hong Kong’s residential market during 2016. Now the latest market data has shown sales in Hong Kong fell a worrying 41.7 percent year-on-year in November to a record low. There were just 2,826...

FINANCE Monday, 7 December 2015 15:11

RMB Adoption Between China And Japan More Than Doubles In Two Years

According to SWIFT's latest RMB tracker, the Chinese currency is now the second most active currency between Japan and China/Hong Kong with the RMB accounting for 7 percent of payments, by value, compared to 3 percent two years ago. Although the Japanese yen...

FINANCE Monday, 7 December 2015 15:10

ASX And The Perth Mint To Develop Precious Metals Derivatives

ASX and The Perth Mint (Gold Corporation) have signed an agreement to develop new precious metals derivatives products that will be quoted and traded on ASX. The collaboration will enable ASX to grow its suite of commodities products and services, backed by the...

FINANCE Saturday, 5 December 2015 15:37

Is Private Bank BSI About To Be Sold Again?

Barely three months after completing the deal could Grupo BTG Pactual SA, the Brazilian bank looking to pull together cash after the arrest of its billionaire founder Andre Esteves, be about to sell BSI, its Swiss private-banking unit. BTG has been hit hard since...

FINANCE Saturday, 5 December 2015 15:34

Hong Kong Tycoon Li Ka Shing Lines Up London City Airport Bid

Reports out of Hong Kong indicate that Li Ka Shing’s Cheung Kong Infrastructure Holdings, the largest publicly listed infrastructure company in Hong Kong, is among firms that have placed indicative offers for London City Airport, which has been put up for sale by...

FINANCE Saturday, 5 December 2015 15:33

Survey From ULI, PwC Ranks Tokyo And Sydney Top Real Estate Investment Markets

Real estate activity in Asia next year will reflect a continuation of trends seen in 2015 – an abundance of capital flowing to core space, as well as a flight to safe havens in the region’s most developed and liquid markets, according to Emerging Trends in Real...

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