Saturday, 16 November 2024

FINANCE Friday, 3 July 2015 16:31

Hong Kong Employees Prefer Salary Over Work-Life Balance

One of the world’s largest professional accounting bodies, CPA Australia, warns an increasing demand for pecuniary rewards from existing and potential employees may lead to rising labour cost for Hong Kong companies. The warning follows the release of the results...

FINANCE Friday, 3 July 2015 16:29

Fosun Ramps Up European Real Estate Hunt

China’s Fosun Property and Resolution Property are teaming up to invest in European value-add real estate. The Resolution Property Investment Management (RPIM) joint venture will invest in Resolution’s fifth fund, which will target assets in need of repositioning...

FINANCE Thursday, 2 July 2015 16:43

New Philanthropists Embracing Innovation

To some the old school philanthropy model was a simple one, give money, feel good and forget. Thankfully these days that model is redundant. As today’s philanthropists take up the baton they fully engage in their projects with professionalism and all the rigour...

FINANCE Thursday, 2 July 2015 16:42

Midweek Tech Round Up

Singapore’s S$225 Million Smart Nation Fund A $225 MILLION initiative to help financial firms set up innovation labs and to fund infrastructure to deliver financial technology (fintech) services was announced on Monday. Financial firms can tap the fund for...

FINANCE Thursday, 2 July 2015 16:41

Increasing Number Of Large Apartments Up For Mortgagee Auction Sale In Singapore

The top end of the Singapore housing market continues to find the going tough and a recent report from Colliers International has highlighted the rise in auction listings. The Singapore property auction market saw a total of 378 auction listings in the first half...

FINANCE Thursday, 2 July 2015 16:40

Bentley Offers Very Limited Edition Continental GT

Bentley is taking its fusion of luxury and performance to new extremes with the launch of the Continental GT Speed Breitling Jet Team Series. This exclusive series is limited to just seven cars, each inspired by one of the seven Breitling Jets. Renowned for their...

FINANCE Thursday, 2 July 2015 16:38

Ai Weiwei Artwork Breaks Record

There was yet more record breaking auction action this week with Phillips Contemporary Art Evening yielding $28,562,068. The star lot of the evening was Ai Weiwei’s Circle of Animals/Zodiac Heads, 2010 which went under the hammer for $5,404,725 and set a world...

FINANCE Wednesday, 1 July 2015 16:26

EXCLUSIVE: BVI Law Firm Opens In Singapore

Offshore law firm Forbes Hare, which provides BVI and Cayman Islands legal and fiduciary services, is set to open a new office in Singapore from today. The Asian Wealth Times recently caught up with Sam Robertson, who will co-head the office, to ask him how the...

FINANCE Wednesday, 1 July 2015 16:25

Day One For Tidjane Thiam CEO Of Credit Suisse

Today is the official start date for the new CEO of Credit Suisse Tidjane Thiam, although according to reports out of Zurich Mr Thiam surprised staff as he arrived a week early. Perhaps though it was because he believes there is so much work to be done. Credit...

FINANCE Wednesday, 1 July 2015 16:24

Euroclear Sign MOU With Major Chinese Bank

Euroclear Bank, the Brussels-based international central securities depository (ICSD), and China Construction Bank (CCB) have today signed a Memorandum of Understanding (MoU) to further develop the offshore Renminbi (RMB) capital market. CCB Chairman Wang...

FINANCE Wednesday, 1 July 2015 16:24

Midweek Moves - July 1st

A quick run through of the moves around Asia announced since the start of the week. Melissa Mao is joining Gaw Capital as Senior Director of Asset Management. Mao was formerly with Morgan Stanley Real Estate. She will be relocating to Hong Kong from Shanghai. UBS...

FINANCE Wednesday, 1 July 2015 16:22

Cristiano Ronaldo Sells Image Rights To Valencia Owner

Singaporean tycoon Peter Lim, owner of Primera Division club Valencia has secured the image rights of Real Madrid star Cristiano Ronaldo. Superstar Ronaldo, banked a reported £50 million (€70m) last year in salary, bonus and endorsements, making him the...

FINANCE Tuesday, 30 June 2015 16:33

Commentary: Lifting Of Vietnam’s Foreign Ownership Limits

Andy Ho, Chief Investment Officer of VinaCapital On Friday (26 June 2015) the Ministry of Finance (MOF) confirmed that Decree 60, the revised Decree 58, has been signed and will become effective on the 1st September 2015. A key part of Decree 60 is the lifting of...

FINANCE Tuesday, 30 June 2015 16:31

Savills Acquires Sydney-Based Real Estate Agency

With steady inflows of capital from around Asia heading to the high quality, high end Sydney real estate market global real estate firm Savills has agreed to acquire the Sydney-based agency Cordeau Marshall, a leading residential agency specialising in Sydney’s...

FINANCE Tuesday, 30 June 2015 16:28

Bank Of China In Singapore Issues 'One Belt One Road' Bond

The Bank of China Singapore branch has successfully issued a Singapore dollar (SGD) 500 million senior unsecured bond – part of Bank of China’s multi-tranche, multi-currency bond offering to support China’s “One Belt One Road” initiative. This is the largest-ever...

FINANCE Tuesday, 30 June 2015 16:22

Japan Post In Concurrent IPO Filing

Japan Post Holdings Co. and its banking and insurance arms are set to file for simultaneous listings on the Tokyo Stock Exchange Today. Japan Post President Taizo Nishimuro said at a press conference that the state-owned giant decided on the filings at a...

FINANCE Tuesday, 30 June 2015 16:20

ANZ Awarded Thailand Banking Licence

ANZ today announced a further milestone in its super regional strategy with the approval of a full banking licence by Thailand’s Ministry of Finance and ANZ Thai opening today to support growing trade and investment flows to and from Thailand. Located in the...

FINANCE Monday, 29 June 2015 22:36

M & G Investments Appoints Investment Specialist

M&G Investments (“M&G”), an international active asset manager, has appointed Jeik Sohn as Investment Specialist to strengthen the investment proposition offered to M&G’s clients in Asia. Jeik will work closely with M&G’s fund management, client service and...

FINANCE Monday, 29 June 2015 16:30

Monday Morning Movers Across APAC

We may be approaching summer but the moves keep coming, here is another round up of senior moves across the region: Societe Generale appointed Evelyne Collin as chief executive and country officer for India. She will report to Pascal Lambert head of SG’s...

FINANCE Monday, 29 June 2015 16:28

EXCLUSIVE: Artorius Wealth - UK Real Estate Investment - Part II

This is the second and final part of the investment overview into UK and in particular London real estate from Artorius Wealth. In addition to Wealth Management and expert financial planning, Artorius Wealth offers a dedicated Family Office Consultancy Service,...

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