Saturday, 16 November 2024

FINANCE Wednesday, 24 June 2015 16:26

Alibaba Pushes Into Indian Finance Market

In yet another nibble at the traditional banking infrastructure two Asian giants are about to work together leveraging technology to offer a more efficient and expeditious service. India's largest private sector bank, ICICI Bank has announced its association with...

FINANCE Wednesday, 24 June 2015 16:25

Canadian Investor Bets Big On Shanghai

While billions of yuan are flowing out of China to invest in real estate in the US, Australia and Hong Kong one company is heading in the other direction. Canadian real estate company Ivanhoé Cambridge and Dutch pension asset manager APG Asset Management N.V...

FINANCE Wednesday, 24 June 2015 16:17

HSBC Singapore Joins NETS Network

NETS today announced that HSBC debit cardholders will enjoy the convenience of making NETS payments at 87,000 acceptance points island-wide, with effect from 23 June 2015. HSBC is the latest foreign bank offering its debit cardholders this payment capability,...

FINANCE Tuesday, 23 June 2015 23:56

BREAKING: Senior Banker Departs Standard Chartered Singapore

Asian Wealth Times understands that Dominique Boer has departed company with Standard Chartered Bank. Boer had been working for Standard Chartered Bank for almost ten years in various functions lastly though she was market head for Singapore and Greater China. Dominique Boer...

FINANCE Tuesday, 23 June 2015 18:13

BREAKING: Singapore Asset Manager Awarded RQFII Licence And Quota

UOB Asset Management Ltd (UOBAM) today announced that it has been awarded a RMB1.2 billion RQFII (Renminbi Qualified Foreign Institutional Investor) quota from the State Administration of Foreign Exchange of China. UOBAM will now be able to provide onshore...

FINANCE Tuesday, 23 June 2015 16:45

EXCLUSIVE: Artorius Wealth On UK Real Estate Investment – Part 1

Artorius Wealth is an independent international Multi Family Office specialising in providing expert financial planning, wealth management and lifestyle services to Ultra High Net Worth and High Net Worth Individuals.  With offices in London, Manchester, and...

FINANCE Tuesday, 23 June 2015 16:44

Four Of Top Five Most Expensive Offices In Asia

Asia continued to dominate the world’s most expensive office locations, accounting for four of the top five markets, according to CBRE Research’s semi-annual Global Prime Office Occupancy Costs survey. London’s West End remains the world’s highest-priced office...

FINANCE Tuesday, 23 June 2015 16:43

Asian Crowdfunder On The Move

In a region where investors are searching hard for opportunities the growing crowd funding market place is beginning to benefit. One of the brightest and ambitious players, Asian Crowdfunder, has recently launched in Malaysia and has eyes on the rest of the...

FINANCE Tuesday, 23 June 2015 16:43

Fosun Closing In On Warsaw Office In €200m Deal

The ever acquisitive Chinese conglomerate Fosun and the UK-based manager Valad are said to be in exclusive talks to buy two office blocks in one of Warsaw's landmarks, Zlote Tarasy at the central station. Zlote Tarasy which translates as Golden Terraces in...

FINANCE Monday, 22 June 2015 16:22

Hong Kong And Singapore Inflation Expectations Mixed - M&G

Leading investment manager M&G Investments has just released its YouGov Inflation Expectations survey report which contained several noteworthy Singapore and Hong Kong observations In Hong Kong consumers’ inflation expectations over the short term have risen...

FINANCE Monday, 22 June 2015 16:21

Julius Baer Blocks Accounts Linked To FIFA Scandal

The Hong Kong Monetary Authority said recently that it was monitoring the implications to banks in their territory named in the US Attorney Generals scathing report on the world football body. Over the weekend Japan was also dragged into the scandal after a...

FINANCE Monday, 22 June 2015 16:20

Hana Financial Group Opens Private Banking Centre

Hana Financial Group has opened a private banking center catering to foreigners in the upmarket neighborhood of Yeoksam in Gangnam District. According to Hana it is the nation’s first private banking center exclusively for foreigners. As with many other Asian and...

FINANCE Monday, 22 June 2015 16:17

Singapore Bank Launches Tertiary Education Programme

United Overseas Bank (UOB) has partnered with the Singapore Management University (SMU) to launch the finance industry’s first tertiary education programme designed for small business bankers. As Singapore’s small businesses expand into new markets, they may face...

FINANCE Saturday, 20 June 2015 17:30

Making Art Out Of Money

Art collectors throughout Asia will no doubt be dialing in to an upcoming auction in London that will offer some unique opportunities Andy Warhol’s Dollar Sign from 1982 which is estimated at £400,000-600,000, is one of the highlights of Bonhams Post-War and...

FINANCE Saturday, 20 June 2015 17:25

China’s CIC Said To Have Won European Assets

China Investment Corporation, the giant sovereign wealth fund, is said to be close to making its first major investment in French real estate with a €1.3bn winning bid for 10 shopping malls being sold by CBRE Global Investors, say local media. The $653 billion...

FINANCE Saturday, 20 June 2015 17:20

Erick Thohir Will Bring Inter Success

Jurgen Klinsmann a former Inter Milan favourite, believes that Indonesian tycoon Erick Thohir will deliver success for his club. He also voiced support for manager Roberto Mancini. Klinsmann said, "I think that Erick Thohir will bring benefits. They just have to...

FINANCE Saturday, 20 June 2015 17:04

Commonwealth Bank Joins The App Race

Australian bank Commonwealth Bank has joined the bulging ranks of lenders offering clients alternative ways to view their money. Keeping an eye on your financial position is now a whole lot easier for clients of CommBank with the release of the new CommBank app...

FINANCE Friday, 19 June 2015 17:12

MUFG To Acquire UBS GAM Alternative Fund Services Business

Japan’s MUFG Investor Services, the global asset servicing group of Mitsubishi UFJ Financial Group, has reached an agreement with UBS Global Asset Management to acquire its Alternative Fund Services (AFS) business. "This transaction is part of our strategy to...

FINANCE Friday, 19 June 2015 16:33

Asian Financial Hub Named On EU Blacklist

The European Commission has included Hong Kong on a list of 30 of the most un-cooperative tax jurisdictions. The Commission presented an Action Plan to fundamentally reform corporate taxation in the EU. The so called Action Plan sets out a series of initiatives...

FINANCE Friday, 19 June 2015 16:32

Roundup Of Professional Moves (CMigrator copy 1)

Here is a wrap of the moves reported from around the region since the middle of this week. MasterCard have announced the appointment of two Co-Presidents for the Asia/Pacific region – Ling Hai and Ari Sarker; as well the creation of two sub-regions – North East...

Newsletter Subscription