09/18/2018
China's tech boom leaves wide rich-poor chasm
Wealthy grow wealthier while millions are trapped in low-level jobs
Comment, Analysis & Research
09/18/2018
Deutsche Loses North Asia COO
Deutsche Bank has lost the operating chief for its wealth management business in north Asia, finews.asia can reveal exclusively.
09/16/2018
ESG becomes a priority
Businesses are also recognising they need to take further steps in this area.
09/16/2018
Good time for Asian fixed-income investments
Gregory Suen, investment director at HSBC Global Asset Management, discusses his outlook on fixed-income investments in the latest in our series featuring fund managers
09/16/2018
Inside the most exclusive party of Singapore's Grand Prix
People from all over the world are flocking to Singapore for the Singapore Grand Prix motor race on September 16.
09/16/2018
Handouts not answer to robot threat, says leading philanthropist
The US, Finland and Canada are among countries where small tests of a universal basic income have been trialled, and the idea has been favoured by Australian Greens leader Richard Di Natale.
09/14/2018
Chinese millennials and Gen-Zs fuel demand for diamonds in the world’s No 2 market
In 2017 China’s diamond industry accounted for 16 per cent of the US$82 billion global market, up from non-existence two decades ago.
09/14/2018
Report: ESG remains ‘peripheral’ to HK companies
The report, conducted earlier this year, surveyed 212 senior managers in Hong Kong-listed companies, including board members, CEOs, and company secretaries.
09/14/2018
Goldman’s former president backed the bank’s 1MDB dealings, says a new book on the scandal
The book also said that Goldman structured 1MDB debt issues to secure out-sized profits
09/13/2018
Suruga scandal casts shadow over Japan’s banking sector
Imbroglio dims appeal of innovation or reform as a way to escape long-term decline
09/13/2018
Rich Asians See Crazy Big Losses Amid Longest Market Sell-Off
Outside of Asia, 2018 has been relatively prosperous for the world’s richest.
09/13/2018
Philippines ranked among the most complex places in APAC for accounting and tax compliance
Philippines remains attractive to foreign investors in Asia Pacific
09/12/2018
NAB executives can’t buy credibility
The NAB boss acknowledged that additional wholesale funding pressures had been carried by the bank since early this year, but hinted that they might not have been as great as other banks claimed.
09/12/2018
Interview: Asia a vital contributor to Citigroup’s growth: CEO
Citigroup chief executive officer Michael Corbat shared his insights into meeting the company’s goal for 2020 and Taiwan’s role in the endeavor in an e-mail interview yesterday with ‘Taipei Times’ staff reporter Ted Chen
09/12/2018
Hong Kong Wealth Assets Seen Doubling in China-Fueled Expansion
Assets under management to hit $2 trillion by 2023: survey
09/12/2018
Korean Firms Take Their Money Abroad to Flee Red Tape
Line also secured W1.5 trillion including capital from private investors to be spent on bolstering financial technology services like Line Pay.
09/11/2018
Ashok Jacob saw the GFC but not what came after
The foresight to buy protection helped Ellerston's $4 billion hedge fund survive the financial crisis with just a few minor bruises.
09/11/2018
Financial industry could still tackle risk of rupiah weakening: OJK
The non performing loan ratio of Indonesian banks average 2.73 percent gross; the third party funds held by banks grew 6.8 percent year-on-year and credits grew 11 percent yoy
09/11/2018
Asia’s Super Rich Advised to Add More Gold to Portfolios
Most advisers in the survey (62%) said their clients should or maybe should increase their weighting in gold, Vs 38% who said they should not.
09/11/2018
Sustainable investment not core investment consideration for institutional investors
The study however found that sustainability was a bigger focus for larger institutional investors.