Managers of Wealth Asia Pacific

Japan's Abenomics Gets Caught Swimming Naked

Those asking this question tend to grasp at the wrong answer -– that Japan’s sudden return to the red is all Donald Trump’s fault.

China's credit crunch is a red light to global economy, as Nomura issues warning

"The worst is yet to come," said the Japanese bank Nomura.

Asia Dollar Bond Demand Seen Reviving After Rocky Final Quarter

Orders for high yield notes have dropped since September

Korea's National Pension Loses 16.6 Tril. Won of Assets in October

The value of domestic stocks held by the NPS also dropped from 123.94 trillion won (US$111.05 billion) to 108.09 trillion won (US$96.86 billion) over the same period.

HK$58 Million Shave On Hong Kong Villa Takes Shine Off Luxury Market

The Hong Kong Rating and Valuation Department’s most recent statistics show that overall home prices have decreased about 7.2 percent since hitting a peak in July.

$5 Trillion Got Wiped From Asia Stocks This Year. Here’s How

MSCI Asia Pacific Index set for worst year since 2011

Allianz Real Estate seeking to expand in Asean

Group to explore investing in Thailand, Indonesia, Malaysia property markets, leveraging on its sizeable insurance presence there.

Bangkok second in Asia in destination sustainability rankings

Bangkok ranks second among Asian destinations in the latest Global Destination Sustainability Index.

Islamic finance hubs in GCC, Southeast Asia come closer

In the banking industry alone, Malaysia targets to reach 40% Shariah-compliant banking assets as share of overall banking assets by 2020

Manulife, China Bank unit launches new fund

Customers will have access to offshore investments and take advantage of opportunities in Asia.

China to promote the launch of perpetual bond issuance

Fixed income security has no maturity date and issuing them is the main way for commercial banks to supplement Tier 1 capital internationally

China to help banks replenish capital through various channels

But Chinese lenders face limited funding channels as many listed banks trade below their book value in a bearish stock market.

Malaysia fund manager PNB’s assets up 6.8% in January-November

Strategic companies are majority owned by PNB, either directly or via one of the funds managed by Amanah Saham Nasional.

Mirae Asset buys Amazon-leased US distribution center for $78 mn

Mirae Asset sealed the acquisition via its US subsidiary and will sell down part of its equity interest in the property to US investors and high net-worth individuals.

Dubai joins India’s GJEPC in its MyKYCBank initiative

The GJEPC had launched the MyKYCBank initiative after billionaire Nirav Modi defrauded Punjab National Bank (PNB) to the tune of Rs13,000 crore along with his uncle Mehul Choksi early this year.

US private fund Castlelake to buy AirAsia plane portfolio for $768m

The 29 planes – Airbus’ A320-200ceo and A320neo – will be leased back to AirAsia. Read more at: https://www.dealstreetasia.com/stories/us-private-fund-castlelake-to-buy-airasia-plane-portfolio-for-768m-115116/

HSBC sells 49% of HSBC Amanah Takaful

For the HSBC Group, the transaction does not have any impact on our current businesses in Malaysia, comprising HSBC Bank Malaysia Bhd and HSBC Amanah Malaysia Bhd.

Some of the Philippines’ Biggest Managers Return to Buying Bank Stocks

Third-quarter results were certainly a step in the right direction: net-interest margins improved 7 basis points to 3.34 percent, according to Charles William Ang

Gemini Property Developers to expand marketing activities to India

A number of UAE developers participated at the annual Dubai Property Show that is aimed at tapping into the Indian investor.

Citigroup said to face $180 million loss on Asia hedge fund loan

The matter was escalated to Citigroup's board, one person said. The bank is also reorganizing its prime brokerage business as a result of the expected financial hit, the person said.

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