02/28/2023
Sotheby’s Opens New Shanghai Office
The auction house will also display more items and hire staff in the country.
Comment, Analysis & Research
02/28/2023
The ‘rise of the individual’ changing Australians attitude to wealth
New research, which for the first time examines home ownership census data back to 1911, shows that ownership rates in Australia peaked at 73 per cent in 1966, with a steady decline to around 63 per cent today.
02/27/2023
What next for Credit Suisse in Singapore?
Sitohang had strong relationships with high net worth individuals across the region and particularly in his native Indonesia, where he built a formidable business.
02/27/2023
Singapore’s «Big Three» Banks Deliver Profit Hat-Trick
2022 was a challenging year for the financial sector, characterized by negative market performance across asset classes and a dealmaking slump.
02/23/2023
Hong Kong Touts Wealth Management As «Essential»
Hong Kong fancies itself, rightly or wrongly, as a stock and bond trading hub swaddled by reams of the region’s best prospectus-coddling investment bankers, or i-bankers, as they are called in local parlance.
02/23/2023
Hong Kong should offer incentives for philanthropy to compete with Singapore for family offices, study says
City should offer tax incentives and allow the cross-border flow of charity capital, according to a study by the Centre for Asian Philanthropy and Society
02/22/2023
Japan’s equity market: small is beautiful
The BoJ will seek to ensure a smooth transition towards a new rate regime, avoiding a massive and rapid tightening in financial conditions.
02/22/2023
DBS survey: nearly 60% of Hong Kong SMEs look to government for more financial support in upcoming Budget announcement
A majority of SMEs foresee business growth and acceleration in their GBA expansion plans in the coming 12 months despite growing global economic uncertainty
02/21/2023
China's outlook remains positive despite recent equity setback
Recent US-China tensions over Russia and the US downing of a Chinese balloon have also contributed to the consolidation in Chinese equities.
02/21/2023
Morningstar, Zenith make ratings and upgrades
The fund is the firm’s flagship product for retail and wholesale investors.
02/21/2023
The New China Syndrome
Jack Godell: “What makes you think they're looking for a scapegoat ?” Ted Spindler: “Tradition.” - From ‘The China Syndrome’ (1979, dir. James Bridges).
02/20/2023
Singapore Highlights Credit Suisse's Talent Exodus
Hardly a week goes by without Credit Suisse having to announce high-ranking departures, with the brain drain making it all the more difficult for the bank's management to achieve a turnaround.
02/20/2023
Hong Kong Keeps Shrinking
Despite that, an increasing number of countries are victims of the same ills afflicting many industrialized European countries.
02/14/2023
The Markets' Head Has Turned
For some months, the bond market preferred to price the Fed funds rate peaking somewhere near 5% and the Fed then cutting the rates through much of the second half of the year.
02/14/2023
Julius Baer: «Intelligence Has Little to Do With Returns»
This contrasts with the traditional approach of making steady returns through long-term, diversified portfolios that rely on delegation to experts.
02/13/2023
Could Credit Suisse's Singaporean wealth managers one day work for... BNP Paribas?
One of them is BNP Paribas, which the FT says might be interested in Credit Suisse's Asian wealth management business in particular.
02/13/2023
Women the future of advice: Netwealth
The data further revealed 22% of Gen Y women will have higher-than-average levels of household income, estimated at over $150,000.
02/10/2023
Hong Kong Billionaire Hosted Mega Handbag Sale
At over HK$1.5 million, the most expensive sale was a 2006 Bleu Jean Shiny Porosus Crocodile Birkin 25, which features 18-karat white gold and diamond, according to results posted online.
02/09/2023
Super-rich in Taiwan upbeat on wealth gains
Only 26% of high-net-worth individuals in Taiwan saw their wealth increase last year, but nearly 80% expect better prospects for this year
02/09/2023
BNY Mellon: Asia Leads Insti Demand for Digital Assets
This could be due to several factors including early embracement, regulatory clarity, market infrastructure and market structure with strong issuance of fixed income securities – often a subject of early tokenization efforts.