Sunday, 17 November 2024

FINANCE Saturday, 17 October 2015 16:47

ANZ Bank Announces China-Australia Junior Tennis Exchange Program

ANZ, a main sponsor of the Australian Open, announced it would extend its kids tennis program to send two up-and-coming tennis players from the ANZ Tennis Hot Shots program in Australia to China for the 2016 Shanghai Rolex Masters as part of an international...

FINANCE Friday, 16 October 2015 22:06

Singapore's DBS Now The Eighth Largest Private Bank In Asia-Pacific

Singapore headquarted DBS is now the eighth largest private bank in Asia-Pacific by assets under management (AUM), according to rankings revealed today by Private Banker International, in its annual PBI Global Wealth Summit & Awards 2015.

FINANCE Friday, 16 October 2015 15:04

Singapore Family Offices - Top Performers In Asia

Following the launch of their 2015 Global Family Office Report in Hong Kong earlier this week, Campden Wealth’s chief executive Dominic Samuelson was joined in Singapore by Joseph Poon, managing director, head of ultra high net worth South East Asia, UBS Wealth...

FINANCE Friday, 16 October 2015 15:01

Report Claims China Overtakes The US With Most Billionaires

In a week that saw China’s middle class outstrip that of the USA, according to the latest Hurun Report, Hurun Rich List 2015, China has also passed the United States in the number of billionaires. In spite of a cooling economy, the number of Chinese billionaires rose...

FINANCE Friday, 16 October 2015 15:00

Friday October 16 - APAC Moves – End Of The Week Roundup

As well as the senior professional moves reported on our daily news bulletins, there has been the usual flurry of career moves around the APAC region. Here is a quick roundup from the regions business hubs. In Hong Kong: Steve Chiu, vice-president for investment...

FINANCE Friday, 16 October 2015 14:58

Affluent Consumers In Asia Expect Greater Recognition And Personalised Experiences From Retail Banks

In an increasingly competitive retail banking market, affluent middle class consumers in Asia expect greater recognition and reward for their loyalty according to new research by the Collinson Group. This expectation is particularly high in China (82%), India...

FINANCE Thursday, 15 October 2015 22:58

UBS Joins Symphony Investors

UBS, Switzerland's biggest bank, is joining other financial market heavyweights in their support for communication platform Symphony. The startup is targeting the dominating position of Bloomberg.

FINANCE Thursday, 15 October 2015 15:05

Regulators Clamp Down In Singapore And Hong Kong

In Hong Kong The Securities and Futures Commission (SFC) has banned Mr Masashi Yonezawa, a former trader at Nomura International (Hong Kong) Limited (Nomura Hong Kong), from re-entering the industry for 30 months. The disciplinary action follows an SFC...

FINANCE Thursday, 15 October 2015 15:04

Singapore And China Agree On New Initiatives To Further RMB Business

Singapore and China have agreed on new initiatives to further promote the international use of the Renminbi (RMB) through Singapore. The agreement was reached at the 12th Joint Council for Bilateral Cooperation (JCBC), co-chaired by Singapore Deputy Prime...

FINANCE Thursday, 15 October 2015 15:03

Fintech: Hyperledger Wins 2015 Innotribe Startup Challenge At Sibos Singapore

As part of Sibos in Singapore, the world's premier financial services event organised by SWIFT, the Innotribe Startup Challenge Finale took place on Wednesday 14 October. The 12 early-stage finalists selected during the regional showcases competed live in front...

FINANCE Thursday, 15 October 2015 15:02

Swiss Watchmaker Rolls Out Pay-By-The-Wrist Watch In China

Swiss watchmaker Swatch has presented Swatch Bellamy, the new pay-by-the-wrist watch, at the landmark Swatch Art Peace Hotel in Shanghai.

FINANCE Wednesday, 14 October 2015 14:47

Asia-Pacific Family Offices The Second Best Investment Performers Globally

  Campden Wealth Research, in partnership with UBS, launched the Asia-Pacific insights from The Global Family Office Report 2015. The research surveyed principals and executives of 224 family offices globally (based in 37 different countries). Collectively, the...

FINANCE Wednesday, 14 October 2015 14:45

Colliers International Names New MD for Singapore

Colliers International Group Inc. an industry-leading global real estate company has announced that Tang Wei Leng has been appointed as managing director of the company’s Singapore business. This key hire reinforces the company’s commitment to grow its client...

FINANCE Wednesday, 14 October 2015 14:44

Citi Appoints 27-Year Veteran As Global Head Of International Personal Bank

Citi has appointed C.R. ‘Shyam’ Sambamurthy as the first Global Head for its International Personal Bank (IPB) business. Based in Singapore, Mr Sambamurthy will be responsible for the global strategy of the IPB franchise, which represents a highly successful...

FINANCE Wednesday, 14 October 2015 14:43

China’s Consumption-led Growth Could Double Australia’s Exports To China By 2030 Claims ANZ

A new report from Australian Bank ANZ examining China’s shift from investment-led to consumption-driven growth predicts Australia’s exports to China could double to around A$250 billion by 2030. The ‘Sleeping Giant: China’s Consumer’ report details China’s next...

FINANCE Wednesday, 14 October 2015 14:41

Aberdeen Launches Two Asian Fixed Income Funds

Aberdeen Asset Management has launched two Asian bond funds to broaden the range of fixed income pooled funds it offers that invest in the region. The Aberdeen Global – Indian Bond Fund is a single country strategy and at least two-thirds of the Fund’s assets in...

FINANCE Wednesday, 14 October 2015 14:39

Gaw Capital Partners Exits Cupertino Gateway Investment

Hong Kong based real estate private equity firm Gaw Capital Partners has announced its exit from Cupertino Gateway, a class A office building in the heart of Silicon Valley. Gaw Capital Partners sold the property for $165 million with more than 40% internal rate...

FINANCE Wednesday, 14 October 2015 14:35

Thailand’s Singha Estate Ventures Into UK Hotel Business

Thai real estate and investment company Singha Estate has formed a fifty-fifty joint venture with FICO group, another Thai company, to invest in the United Kingdom's hotel sector paying £160 million for a portfolio of 32 hotels. The company reported to the Stock...

FINANCE Tuesday, 13 October 2015 14:58

Will Credit Suisse Buy An Asian Wealth Management Business?

It has been widely reported that Credit Suisse will be announcing a significant shake-up when Tidjane Thiam steps up to the podium later this month. Over the weekend Swiss media reported that the plan could include selling stock in an offering that may raise 6...

FINANCE Tuesday, 13 October 2015 14:57

Fintech: Australian Fintech Firm Links With Alibaba Group

A new and innovative collaboration between Australian Fintech lender GetCapital and Alibaba.com, the leading platform for global wholesale trade, owned by Alibaba Group will provide Australian importers and exporters with finance options on the Alibaba.com...

Newsletter Subscription