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FINANCE Tuesday, 1 December 2015 16:04

Big Jump In Demand For Finance Professionals In The Philippines

The Philippines’ economic fundamentals have helped build a resilient economy amid the slowing regional economies and has helped drive online hiring for Banking & Financial professionals in the country, while other markets in Southeast Asia are struggling to...

FINANCE Tuesday, 1 December 2015 16:03

Zurich Life Singapore Cease To Accept New Policy Applications

The Zurich life business in Singapore (Zurich Life Insurance Singapore and Zurich International Life Singapore Branch) will no longer accept new policy applications with effect from 1 December, 2015. The decision only affects the life business in Singapore while...

FINANCE Tuesday, 1 December 2015 16:02

Japanese Real Estate Loans Closing In On Bubble-Era Levels, Prompting FSA Anxiety

The Financial Services Agency in Japan is increasing surveillance of regional and ‘shinkin’ (credit) banks for any signs their operations may be negatively affected by the flood of real estate loans, industry sources said. Property loans by banks are surging on...

WEB'S BEST Tuesday, 1 December 2015 13:00

Web's Best – December 2015

HSBC pioneers launching certificates of deposit to corporate clients in China ATM and branch networks continue strong growth in Asia’s emerging markets

FINANCE Monday, 30 November 2015 20:51

Pay Increase for Swiss-Based UBS Employees

UBS, Switzerland's biggest bank, decided how much more it will pay its Swiss-based employees next year – an increase pretty much in line with the one published by rival Credit Suisse last week.

FINANCE Monday, 30 November 2015 20:47

Richest Swiss: List of Banker Families

Swiss finance magazine «Bilanz» presents each year a list of the richest Swiss, respectively of the richest people living in Switzerland. Our readers care most about the richest bankers – not all of whom are that well known.

FINANCE Monday, 30 November 2015 15:13

HSBC To Shutter Private Banking Business In India

According to press reports HSBC Holdings Plc is set to quit its private banking unit in India as part of its ongoing group strategy, the bank said, marking the exit of another foreign bank from the cut-throat wealth management business in Asia's third-largest...

FINANCE Monday, 30 November 2015 15:12

Ground Breaking Survey To Focus On Rapid Rise Of Alternative Finance Across Asia Pacific

A number of the world’s leading universities have joined forces to survey the size and potential economic impact of the rapidly expanding alternative finance sector in the Asia Pacific Region. The 2015 Asia-Pacific Alternative Finance Benchmarking Survey will...

FINANCE Monday, 30 November 2015 15:11

Rare Signed Letter From Mao Zedong To Feature At Sotheby’s Auction

A highly important letter calling for solidarity following the full scale Japanese invasion of China and signed by Mao Zedong and Zhu De is sure to be on the radar of China’s passion investors when it comes to auction in London on December 15th. The letter has a...

FINANCE Monday, 30 November 2015 15:09

Foreign Fund Firm Exits Don't Detract From India's Market's Potential

Over the last three years, major names such as Fidelity, Morgan Stanley, PineBridge, and Deutsche have exited the Indian mutual fund industry. This trend has continued with the more recent decisions of Goldman Sachs Asset Management and Belgium's KBC Asset...

FINANCE Saturday, 28 November 2015 15:34

Nippon Life Increases Stake In Reliance Life Insurance To 49 Percent

Nippon Life Insurance (NLI), a Fortune 500 company and one of the largest life insurers in the world, has signed definitive agreements to increase its stake in Reliance Life Insurance (RLIC), a part of Reliance Capital Ltd. from the existing 26 per cent to 49 per...

FINANCE Saturday, 28 November 2015 15:33

120 Percent Price Increase Of Super Prime Projects In Phuket: Knight Frank

According to the director, head of research and consultancy at Knight Frank Thailand Risinee Sarikaputra, the selling price of new super prime projects in Phuket launched in 2015, is now between US$7.5 million to US$15 million a unit. The resale price of...

FINANCE Saturday, 28 November 2015 15:32

Ferrari Unveils New 488 Spider At Auto Guangzhou 2015

Auto Guangzhou 2015 has again proven that the 68 years of success of Ferrari have been built on a commitment to the finest in product design and the ultimate in exclusivity of ownership – confirmed with the official China debut of the new Ferrari 488 Spider...

FINANCE Saturday, 28 November 2015 15:31

Luxury Watch Brand Shifts Gear And Saxo Leaves Cycling

As the sporting year comes to an end some major sponsorship relationships are also running their course. McLaren has admitted its long-standing sponsorship partnership with Swiss watchmaker TAG Heuer is about to end. The 30-year relationship with McLaren will...

PEOPLE Friday, 27 November 2015 23:00

Adriano B. Lucatelli: Cheap Money Policy and the Need for a Speedy Change

It looks increasingly likely that the U.S. central bank will raise interest rates in December – for the first time since 2006 – starting the process of normalization of monetary policy. Such a step is overdue, because asset valuations are distorted by the cheap...

FINANCE Friday, 27 November 2015 15:30

Senior Hires At Singaporean Banks

OCBC Bank Appoints New Corporate Finance Head: OCBC Bank has announced the appointment of Mr David Cheng as Head of Corporate Finance. With extensive industry experience of more than 20 years, Mr Cheng, 44, helms OCBC Bank’s Equity Capital Markets, Mergers &...

FINANCE Friday, 27 November 2015 15:29

GE Completes Sale Of Consumer Finance Business In Australia/New Zealand

As part of General Electric's wider plan to dispose of most of its financial services businesses worldwide, GE has announced that it has completed the sale of its Australia and New Zealand consumer finance business, representing aggregate ending net investment...

FINANCE Friday, 27 November 2015 15:28

Japan Post Bank To Establish Private Equity Unit

Tokihiko Shimizu, a former welfare ministry bureaucrat who led the Government Pension Investment Fund's (GPIF) drive to diversify its allocation of money into alternative assets including private equity and property, has been named as head of the new Japan Post...

FINANCE Friday, 27 November 2015 15:27

Moody's: Weak Covenant Protection Against Onshore Bonds Issued By Chinese Property Developers

Moody's Investors Service says that covenant protection for offshore creditors against onshore bonds issued by Chinese property developers is weak, with a weakening in structural subordination and overall covenant quality (CQ) scores. "The increased access of...

FINANCE Friday, 27 November 2015 15:25

ANZ China Launches Free Trade Unit

ANZ China has announced the People's Bank of China has approved the launch of its Free Trade Unit (FTU) in the bank’s Shanghai branch. The FTU approval means ANZ China’s Shanghai Free Trade Zone (SFTZ) sub-branch can better facilitate capital account transactions...

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