12/23/2018
Malaysia seeks $7.5 billion in reparations from Goldman Sachs: FT
Goldman Sachs has consistently denied wrongdoing and said certain members of the former Malaysian government and 1MDB lied to the bank about the proceeds of the bond sales.
Comment, Analysis & Research
12/21/2018
Global banks chase Asia techs transaction business, as trade war rumbles
The targets for the new initiative include e-commerce firms, mobile payment service providers and ride-hailing companies – from China’s Ant Financial and Grab in Southeast Asia to PayTM and Flipkart in India, said senior bankers and consultant
12/21/2018
Hong Kong Takes Global IPO Crown, Looks to a Quieter 2019
Across Asia, companies raised a total of $109 billion in IPOs, up 27 percent from 2017, Refinitiv data showed, much of it driven by China whose companies accounted for almost a third of global issuers.
12/21/2018
Top 10 Thailand Fintech Influencers
To keep up with Thailand’s rapidly evolving fintech industry and changing financial landscape, the following 10 individuals are the country’s most prominent fintech influencers to follow very closely
12/21/2018
Asia's mega rich take a hit with US$137b in losses in 2018
“Difficult stock market conditions this year and the uncertainty of the trade tensions likely have been a challenge to many businesses,” said Philip Wyatt, a Hong Kong-based economist for UBS Group AG, who doesn’t see the downdraft conti
12/20/2018
'You have destroyed billions': NAB cops record protest vote over pay
NAB paid its executive team bonuses, albeit reduced, in 2018 despite the bank experiencing a horror year, including being accused of potentially criminal misconduct during the banking royal commission.
12/20/2018
Why Japan Is a Rare Holdout in Asia’s Cash-Free Future
That’s because in Japan physical money is a deeply felt part of life.
12/20/2018
Philippines is world's 8th best in gender equality, top in Asia: report
The WEF also noted that the Philippines was near to closing 80 percent of its overall gender gap, the "highest value" for the country ever recorded by the index.
12/20/2018
China banking: Opportunity knocks – so does risk
China's banking sector faces a tough year, but 2019 might also offer great opportunities for foreign banks.
12/19/2018
2018 in review: What can we learn for 2019? - Julius Baer
“2018 has been very different from 2008 or 2000,” says Chief Investment Officer Yves Bonzon in his video outlook. Instead, he draws parallels with the situation in 1987, when markets recovered rapidly after a sudden correction.
12/19/2018
Looking Ahead: Capital Markets & Structured Products
A structured products expert commented that they allow investors to manage and express any views on the markets.
12/18/2018
In Asia, Rockefeller Foundation wants to invite 'unusual actors' to the table
With only two people in the Asia regional office, Rockefeller doesn’t plan to expand its staff size to deliver on ambitious plans.
12/17/2018
Chinese women are at the forefront of global luxury spending
Chinese rich buy nearly one third of global luxury goods and take the lead in the consumption growth, Julius Baer revealed in its annual report.
12/17/2018
McKinsey on Asia’s Asset Manager
The new study of the Asian market for asset management draws on this Cube, as well an on interviews, and the Global Asset Management Benchmarking Survey.
12/17/2018
China set to win green economy race
Though China remains the world’s biggest emitter of greenhouse gases, this colossal economy is in the throes of gaining comparative advantage by promoting green policies
12/17/2018
Engaging the Client. Selecting the Best Products. Achieving Better Outcomes
Another perspective came from a senior banker who stated, “we can deliver advice digitally, but we cannot deliver digital advice, there must be a human idea behind it.”
12/16/2018
New model needed to keep elderly working
The Yomiuri Shimbun asked Hisashi Yamada, chief senior economist of The Japan Research Institute, about this.
12/16/2018
Central Asia: Who benefits from labor migration?
Most of labor migrants are unskilled workers.
12/14/2018
Manila ranked 9th in Top 11 most expensive cities in Asia in 2018
The report tracks luxury expenditure trends among Asia’s high net worth individuals, or people with a net investable wealth of $1 million or more, excluding main residence property.
12/14/2018
Indonesia surpasses Singapore to conduct most IPOs in 2018
Going public is one of the indicators of the success of a startup or a private company, and Singapore was among the most preferred destinations for listings in Southeast Asia (SEA) until last year.