Saturday, 16 November 2024

FINANCE Friday, 4 September 2015 01:47

Tokyo Sees Robust Rental Growth In Knight Frank Asia Pacific Prime Office Rental Index

Global real estate consultancy Knight Frank has released the Asia Pacific Prime Office Rental Index for Q2 2015. While a number of markets in the region are plagued by excess supply, sectors empowered by technology, such as online peer-to-peer financial services...

FINANCE Friday, 4 September 2015 01:46

Chinese Investor Pays $12m For Melbourne Commercial Building

An investor from China has paid $12 million for a Queen Street property in Melbourne’s CBD, in an off-market deal brokered by Savills CBD Sales Directors, Clinton Baxter and Nick Peden. Mr Baxter said the 338 Queen Street property had sold with vacant possession...

FINANCE Friday, 4 September 2015 01:45

Crowdfunder Wealth Migrate Opens Office In Shanghai

Wealth Migrate, a leading international real estate crowdfunding platform that offers global investors direct access to exclusive real estate investment opportunities in premier markets around the world, including the U.S., U.K. and Australia have announced the...

FINANCE Friday, 4 September 2015 01:44

Citibank Launches Citi Priority For Emerging Affluent In Hong Kong

US bank Citibank announced the launch of Citi Priority, a new value proposition targeting the emerging affluent, with a digitalized, convenient, simple and efficient banking experience to equip aspirational and financially progressive clients with better control...

FINANCE Thursday, 3 September 2015 14:49

UBS Australia Launches Inaugural SIV Compliant Fund

Perhaps with one eye on the burgeoning wealth being created across both North and South East Asia, UBS Global Asset Management in Australia has launched its inaugural Significant Investor Visa fund into the Australian marketplace. The new Commonwealth Significant...

FINANCE Thursday, 3 September 2015 14:49

Savills Acquisition Creates Leading European And Asian Real Estate Investment Manager

Savills Investment Management (‘Savills IM’), the international real estate investment manager, has completed the acquisition of SEB Asset Management AG  (“SEBAM”) Alongside the acquisition, which was first announced in March this year and completed as expected in...

FINANCE Thursday, 3 September 2015 14:47

ANZ In AU$450 Million, Five Year Strategic Partnership With IBM

Australia's ANZ Bank has signed a five-year, AU$450 million strategic agreement with IBM inking a partnership that will provide ANZ with increased capability to drive productivity and innovation across the group, as well as improving its capacity to deal with the...

FINANCE Thursday, 3 September 2015 14:46

Japanese Banking Giant Expands Asian Coverage

Japanese banking giant Sumitomo Mitsui Banking Corporation, (SMBC), have officially commenced business in the Philippines with the opening of their Manila branch. The SMBC Manila branch is the first branch to be opened by a foreign bank since the Government of...

FINANCE Wednesday, 2 September 2015 14:47

Singapore’s DBS Bank Officially Launches In Australia

DBS Bank, Southeast Asia’s largest bank, officially launched operations in Sydney, Australia, expanding its presence to 18 markets around the world. With the branch, DBS will better facilitate business and investment flows between Australia and Asia. New South...

FINANCE Wednesday, 2 September 2015 14:46

Gold Likely To Lose Some More Of Its Shine

Manpreet Gill, head of Fixed Income, Currency and Commodities strategy, Standard Chartered shares his view on the precious metal.  “Gold gets dug out of the ground in Africa, or someplace; then we melt it down, dig another hole, bury it again and pay people to...

FINANCE Wednesday, 2 September 2015 14:44

People Moves Around APAC – September 2nd

With August now behind us it seems there is to be no let up in the musical chairs of professional moves across the APAC region. Here is a round up from the main financial hubs in the region: Singapore: Nomura have appointed Lee Chee Pin as Head of Financial...

FINANCE Wednesday, 2 September 2015 14:42

Aberdeen AM Completes Acquisition Of FLAG Capital Management

Aberdeen Asset Management PLC (Aberdeen) have announced that it has completed the acquisition of FLAG Capital Management, LLC (FLAG), a diversified private markets manager with offices in Stamford, CT, Boston, MA, and Hong Kong. The acquisition, together with the...

FINANCE Tuesday, 1 September 2015 14:48

Chinese Conglomerate Acquires London Offices Of Thomson Reuters

The domestic Chinese markets may be under stress however yet more Chinese institutional money has found its way into Europe with the news that the buyer of the 10-storey building at 30 South Colonnade in London’s Docklands is HNA Investment Holdings. HNA is a...

FINANCE Tuesday, 1 September 2015 14:47

Global Auction House Opens In India

Later today Robin Woodhead, Chairman of Sotheby’s International, will announce strategic appointments in the Company’s Indian business and the opening of an office in Mumbai, India. Edward Gibbs has been appointed Chairman of Sotheby’s India, Middle East and...

FINANCE Tuesday, 1 September 2015 14:45

Hong Kong Retailers Must Evolve And Embrace E-commerce To Remain Competitive

According to a report from global real estate services company Colliers International, total retail sales in Hong Kong dropped by 1.6% for the first half of 2015, compared with the same period in 2014. Meanwhile, the sales of luxury gifts, jewellery and watches...

FINANCE Tuesday, 1 September 2015 14:44

Chinese Boutique Law Firm Launches International Network

The Chinese boutique law firm Ke Jie has teamed up with more than twenty like-minded firms around the world to form a new network. Cathay Associates is a full service legal platform that aims to offer “more flexibility than the multinational global networks.”...

FINANCE Monday, 31 August 2015 14:42

No Lack Of Liquidity At Rare Whisky Auction

Despite or perhaps because of the febrile markets of last week a rare whisky auction brought out the passion investors at the Bonhams Whisky sale last Friday evening in Hong Kong. Overall the sale achieved strong results with 89 percent of the 386 lots sold and...

FINANCE Monday, 31 August 2015 14:41

KPMG Hong Kong Hires Partner For Anti-Money Laundering Team

KPMG China has announced that David Cope has joined the firm as a Partner based in Hong Kong, focusing on financial crime compliance and investigations. Cope joins from Bank of America Merrill Lynch (BAML) where he was a Managing Director, responsible for...

FINANCE Monday, 31 August 2015 14:40

Singapore Industry Panel Discusses How To Grow Financial Centre

At its inaugural meeting last week the Monetary Authority of Singapore's (MAS) Financial Centre Advisory Panel (FCAP) discussed strategies to grow Singapore’s financial centre, promote innovation and the use of technology, and build deep skills and capabilities. Mr Ravi...

FINANCE Monday, 31 August 2015 14:39

Easing Of Foreign Investment Restrictions To Have Minimal Impact On China’s Real Estate Market

In a report over the weekend global professional services and investment management firm JLL issued the following note in response to recent moves in the Chinese real estate sector. Policymakers in China recently announced plans to loosen rules on foreign...

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