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Saturday, 16 November 2024
Saturday, 16 November 2024

FINANCE Thursday, 28 May 2015 16:27

Chinese Consumer Sentiment Remains Steady - Westpac

The latest Westpac MNI China Consumer Sentiment Indicator was unchanged at 111.1 in May, slightly below the average of the past 12 months of 112.4. While sentiment remains at a low level, the recent stabilisation in the survey provides a tentative signal that the...

 FINANCE Thursday, 28 May 2015 16:25

Robo Advisor Service Launched For Millennials In Japan

8 Securities, a leading mobile trading and investing service in Asia have announced the launch of Japan's first robo-advisor service. 8 Now! is a simple way for individuals to create and automate a professionally designed global portfolio at a fraction of the...

 FINANCE Wednesday, 27 May 2015 16:14

Midweek Moves Across APAC

Here is a brief roundup of the senior moves across the region so far this week: The managing partner of KKR Asia Joseph Y Bae will relocate to the private equity firm’s New York headquarters. It is thought that Bae will continue oversee the firm’s Asia operations...

 FINANCE Wednesday, 27 May 2015 16:13

DBS Gives More Commitment

In 2013, after DBS Bank announced its intent to commit SGD10 million over three years to enliven Marina Bay, the bank proceeded to introduce a slew of activities to attract people from all walks of life to the bay. With the burgeoning success of these community...

 FINANCE Wednesday, 27 May 2015 16:13

GIC Sell Sydney Landmark To Sino Far East JV

The Westin Sydney hotel has been sold to a joint venture between Singaporean developer Far East Land and the Hong Kong-listed Sino Land Company for A$445.3 million. The deal was announced in a statement on their respective sites. GIC purchased the property for...

 FINANCE Wednesday, 27 May 2015 16:13

Ariel Investments Opens Sydney Office

The US based funds management firm Ariel Investments announced its expansion into the Asia-Pacific region with its first offshore office to be established in Sydney. The firm has appointed Australian institutional investment veteran Ian M. Webber to lead its...

 FINANCE Wednesday, 27 May 2015 16:10

Sales Growth For McLaren In Asia

A spokesman for UK supercar manufacturer McLaren has indicated that sales in Asia and in particular China, are gaining strength. With more Chinese entrepreneurs entering the UHNW category through IPO’s and with recent gains across equities markets some of that...

 FINANCE Tuesday, 26 May 2015 16:40

EXCLUSIVE: Cult Wines Tapping In To Asian Passion Investment

Passion Investing continues to gain ground and more serious attention from Asian investors. Vintage cars, art and the perennial favourite fine wine are all seeing strong growth across Asia. In the recent Knight Frank Wealth Report the Fine Wine Icons Index was up...

 FINANCE Tuesday, 26 May 2015 16:25

UBS Closing Australian Wealth Division

According to reports out of Australia UBS Group AG is closing its Australian wealth management unit. It was widely known that the Australian business had been under review. Last month the president of UBS wealth management Juerg Zeltner confirmed a strategic...

 FINANCE Tuesday, 26 May 2015 16:11

UOB’s FDI Advisory Unit Helps 500 Companies

United Overseas Bank Limited (UOB) have announced that it had helped more than 500 companies expand their business into Southeast Asia since the launch of its Foreign Direct Investment (FDI) Advisory Unit four years ago. Recognising the need for a dedicated unit...

 FINANCE Tuesday, 26 May 2015 16:08

Fraudulent Website Warning From Hong Kong Monetary Authority

The Hong Kong Monetary Authority (HKMA) has issued an alert to members of the public to a fraudulent website with the domain name: "http://new.positio.pl/tmp/HKSBC". The website purports to be the official website of The Hongkong and Shanghai Banking Corporation...

 FINANCE Monday, 25 May 2015 16:19

EXCLUSIVE: The Singapore Wine Vault - Breaking Out From The Cellar

Responding to the growing and ever more educated demand the CWT Group is about to launch a sophisticated state of the art wine storage facility in Singapore. Set not amongst the ostentatious curtain walled towers of the central business district or wedged into...

 FINANCE Monday, 25 May 2015 16:18

UOB Asset Management In MOU With Wellington

UOB Asset Management Ltd (UOBAM) and Wellington Management Singapore Pte Ltd signed a Memorandum of Understanding (MOU) to develop investment solutions designed specifically for UOBAM’s increasingly sophisticated client base in Asia. The MOU will bring together...

 FINANCE Monday, 25 May 2015 16:18

Monday Movers In Apac

A quick round up of the most recent senior moves across the region. Matthew Kirkby has left his role at CIMB Malaysia and joined HSBC as head of large corporate business for Asia JP Morgan Private Bank have added Lawrence Ang to the Hong Kong team. Allen Chiu has...

 FINANCE Monday, 25 May 2015 16:15

PwC Singapore Launches New Asian Investment Fund Centre

PwC have announced that it has launched its Asian Investment Fund Centre in Singapore, which will focus on enhancing its presence in the asset management industry across the region. This initiative will allow PwC’s asset management practice in Asia to move into...

 FINANCE Monday, 25 May 2015 16:14

Singaporean Tycoon Into Champions League

Peter Lim the Singapore based tycoon with several high profile sporting investment interests has seen his Valencia team secure the fourth spot in La Liga guaranteeing them a place in the Champions League play-offs. Should the Spanish team make it through to the...

 FINANCE Monday, 25 May 2015 16:11

Shanghai Developer Building Luxury LA Condo

Another Chinese developer has announced its arrival into the US real estate development scene. Shanghai based ShengLong Group has announced a luxury 37 storey development for downtown Los Angeles. The ambitious Chinese developer is already active overseas with...

 FINANCE Saturday, 23 May 2015 17:12

Braxit - HSBC’s Brazilian Business To Be Sold?

Hot on the heels of speculation linking the bank with a return to its Hong Kong roots, as AWT reported here, HSBC announced on Friday that it was exploring options on its Brazilian operations and did not rule out selling the business. As the bank is on a global...

 FINANCE Saturday, 23 May 2015 17:11

Dalian To Host Unique UHNW Lifestyle Event

It’s a who’s who of global UHNW brands McLaren, Rolls Royce, Aston Martin for the road, Sunseeker, Azimut and Ferretti for the sea and then there are NetJets, Gulfstream and Dassault Falcon for the rarified altitude. Throw in the finest champagne and you have...

 FINANCE Saturday, 23 May 2015 17:08

ANZ To Issue Green Bond

ANZ has announced its intention to issue its first green bond in response to investor demand and in line with the bank’s commitment to supporting the transition to a lower-carbon economy. Proceeds will be used to finance a portfolio of existing ANZ loans that...

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