Saturday, 16 November 2024

FINANCE Saturday, 18 July 2015 16:37

South Korea Celebrates The Premiere Of The Ferrari 488 GTB

A week after we reported the arrival in Singapore of the Ferrari 488 GTB South Korea this week was the latest Asian country to celebrate the premiere of the stunning new model from Maranello. The glamorous event took place on the Han River at one of Seoul’s...

FINANCE Friday, 17 July 2015 16:25

Professional Moves Roundup July 17

In Hong Kong Credit Suisse has seen the departure of a senior banker. Jimmy Lee whose last known role was as Hong Kong market leader has left the Swiss lender. Following the completion of Credit Suisse’s legal merger with Clariden Leu on April 2, 2012, Lee...

FINANCE Friday, 17 July 2015 16:24

Singapore Firm Buys Into Major London Residential Developer

Singaporean lifestyle property developer, Oxley Holdings Limited, (“Oxley” or “the Group”), has entered into a subscription and shareholders’ agreement to acquire a 20% stake in the enlarged share capital of Galliard (Group) Limited (“Galliard” of “Galliard...

FINANCE Friday, 17 July 2015 16:23

UK Budget: The Nuts And Bolts For Asian Investors

These days so many Asian and Asian based investors have a vested interest in the UK property market and in particular the London market, keeping up-to-date on the latest tax and legal issues is always a concern. With this in mind The Asian Wealth Times is...

FINANCE Friday, 17 July 2015 16:22

Jewellery And Gem Fair Returns To Singapore

The Singapore Jewellery & Gem Fair will return for its third year as the largest fine jewellery event in the region from 22nd to 25th October at the Sands Expo and Convention Centre. The organiser is declaring visitors will find themselves stepping into an...

FINANCE Thursday, 16 July 2015 16:17

Accenture Selects Seven FinTech Startups For Asia-Pacific Innovation Lab

Cyber-security solutions, blockchain technology and behavioral analytics applications are some of the innovative services being developed by the seven financial technology entrepreneurs selected to participate in the 2015 FinTech Innovation Lab Asia-Pacific. Launched by...

FINANCE Thursday, 16 July 2015 16:16

Prominent Taiwanese Family Takes Majority Stake In Hong Kong IFA

Convoy, Hong Kong’s largest listed independent financial adviser, has received a substantial investment from the Tsai Ming-Hsing family, the owners of Taiwan’s Fubon Group. The Taiwan based family has agreed to purchase a 29.85 percent stake in Hong Kong-listed...

FINANCE Thursday, 16 July 2015 16:15

Chinese Investors Healthy Appetite For Australian Commercial Property

According to a new CBRE report Chinese investors were the second largest buyers of commercial property in Australia by close of the first quarter of 2015, behind Singapore and surpassing the US, with one-quarter of the total US$4 billion of Chinese overseas...

FINANCE Thursday, 16 July 2015 16:13

MasterCard MasterPass Arrives In Hong Kong

Embracing Hong Kong consumers growing passion for online shopping, MasterCard have launched MasterPass, a new digital payment platform, for the first time in Hong Kong. With MasterPass, consumers can securely store their MasterCard and other branded card...

FINANCE Wednesday, 15 July 2015 16:35

Japan Post Bank To Sell Mutual Funds From 2016

Reports out of Tokyo suggest that Japan Post Bank Co., the country's largest holder of deposits, will start selling Mutual Funds from February 2016. The mutual funds are to be jointly developed with Sumitomo Mitsui Trust Bank and Nomura Holdings Inc. Japan Post...

FINANCE Wednesday, 15 July 2015 16:32

CapitaLand Partners Qatar Investment Authority In US$600 Million Deal

CapitaLand Limited’s wholly owned serviced residence business unit, The Ascott Limited (Ascott), has entered into a 50:50 joint venture with Qatar Investment Authority (QIA) to set up a US$600 million (approximately S$809 million) serviced residence fund with an...

FINANCE Wednesday, 15 July 2015 16:31

Green Dot Opens Software Development Hub In Shanghai

Green Dot Corporation today announced the official opening of Green Dot Shanghai Software Technology Co. Ltd. “Green Dot Shanghai” is a new wholly-owned subsidiary of Green Dot Corporation that is located in the Zhangjiang Hi Technology Park in the Pudong...

FINANCE Wednesday, 15 July 2015 16:29

Roundup Of Midweek Moves July 15

The senior moves just keep coming this year; here is a roundup of the activity so far this week. In Hong Kong: HSBC has appointed Guilherme Lima as its regional head of Premier and wealth business for Asia Pacific. Fund of Funds Lighthouse Partners have hired...

FINANCE Tuesday, 14 July 2015 21:36

Finance To Become The Newest Wanda Division

At its semi-annual meeting in Beijing the Wanda Group announced a revised structure that will include the establishment of a new dedicated finance division to be known as “Wanda Finance Group”. The new division will include businesses devoted to banking, security...

FINANCE Tuesday, 14 July 2015 16:28

Maybank Initiates Fingerprint Access To Mobile Banking

Malaysian Bank Malayan Banking Bhd (Maybank) has introduced the use of biometric authentication through their new Quick Touch service on the Maybank2u app. Clients can now access their accounts and check their balances using their fingerprints on their mobile...

FINANCE Tuesday, 14 July 2015 16:27

Hong Kong SFC Suspends Two

The Hong Kong Securities and Futures Commission announced yesterday it had suspended two individuals. In the first case The Securities and Futures Commission (SFC) has banned Ms Laura Kiang Mang Yi from re-entering the industry for three years from 13 July 2015...

FINANCE Tuesday, 14 July 2015 16:26

Chinese Wealth Fund Acquires European Property In 1.3 Billion Euro Deal

A partnership between a subsidiary of China Investment Corporation and affiliates of AEW Europe has acquired a sizeable portfolio of ten shopping centres in France and Belgium. The portfolio was sold by CBRE Global Investors on behalf of its CBRE Retail Property...

FINANCE Tuesday, 14 July 2015 16:24

Bonhams Hong Kong To Auction Rare Japanese and Scotch Whiskies

In Hong Kong next month auction house Bonhams will be auctioning rare whiskies, a passion investment segment that is growing at a rapid pace. Highlights include highly sought-after whiskies from the now silent Japanese distilleries Karuizawa and Hanyu (both of...

FINANCE Monday, 13 July 2015 23:20

UBS Advice Launched In Taiwan

First launched in Zurich in 2013 and in Singapore and Hong Kong last March, UBS Wealth Management today rolled out its state-of-the-art contractual-based flat-fee offering, UBS Advice, in Taiwan. "UBS sees huge potential in the wealth management industry in Asia...

FINANCE Monday, 13 July 2015 16:46

Moves Across APAC July 13

According to reports out of Switzerland in a move that will have impact on the Asian operations of two private banks, BSI Bank have lured chief investment officer Yves Bonzon away from Bank Pictet. BTG Pactual who acquired BSI last July in a CHF 1.5 billion deal...

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