05/18/2012
Yet few women in Asia make it to the top. Social norms undervalue girls and women, with sex-selection abortions resulting in some 1.3 million girls per year not being born in China and India alone.
05/18/2012
The 2010 law, to be phased in starting on Jan. 1, 2013, will mean additional compliance costs for banks and fewer investment options for U.S. citizens living abroad.
05/18/2012
That hardly seems like a world-beating target given the 20-year time frame, and would put the fund truly in the minnows pool compared with its peers.
05/18/2012
Saverin's spokesman denies the move was done for tax reasons.
05/18/2012
The Australian dollar this week fell below parity against the greenback for the first time in five months, prompting a slew of global investment houses to lower their outlook for the currency.
05/17/2012
The number of centa-millionaires - those with at least $100 million to invest - is expected to increase by 67% over the next four years in Singapore, according to The Wealth Report 2012 by Knight Frank and Citi Private Bank.
05/17/2012
You get what you pay for, perhaps. Just this week, the Hong Kong government announced a round of pay raises for the government, increasing its chief executive's annual salary to a smooth $622,000.
05/17/2012
A "disproportionate assets" case begs the question: Is caste a factor in the prosecution of corruption?
05/17/2012
The deal would be the biggest in the wealth management industry since ING Group sold its private banking assets in Europe and Asia in 2010
05/16/2012
Now in its fifth edition, the four-day-long Art HK has booked 266 galleries from 38 countries, its 50-50 balance of Western and Asian making it unique in the art fair circuit.
05/16/2012
Crystal Wealth Partners has launched a unified managed account solution developed with specialist provider and AMP subsidiary Multiport.
05/15/2012
Although the survey covered more than 600 high net worth individuals in Australia, that single anecdote told a lot about the imperfect customer acquisition.
05/15/2012
Western Australia cannot afford a sovereign wealth fund and will be financially straightjacketed if it is introduced by the Colin Barnett-led government, the state's peak business lobby group says.
05/15/2012
Groundbreaking insight from 2,800 HNWs across nine Asian markets has revealed that Malaysians, Indians, Indonesians and Thais are the most content when it comes to their life-wealth balance .
05/14/2012
Royal Bank of Scotland is targeting India's young super-rich with a range of products designed to help make giving to the needy easier and more efficient.
05/14/2012
A total of 140,000 people in Shanghai have personal assets of 10 million yuan, an increase of 6.1 per cent year-on-year, accounting for 13.7 per cent of China's high net worth individuals.
05/14/2012
. The well-heeled, especially the newly rich, have become savvier about preparing for the inevitable. And their favourite instruments of choice for bequeathing their riches: trusts and family offices.
05/14/2012
Mr Lyons said the ACTU policy would be similar to top-end tax changes debated recently in the United States requiring those earning more than US$1 million per year to pay at least 30 percent in taxes.
05/14/2012
AFTER almost three years as a senior banker in booming Shanghai, former Westpac executive Mike Pratt is blunt about the regional presence of the four largest Australian banks.
05/11/2012
Although the sector has already seen the presence of various big banks, Bank Sahabat Sampoerna president director Indra W. Supriadi said the market was still large enough for a new player.