Managers of Wealth Asia Pacific

AMP sells wealth protection to Resolution Life

Announces intention to divest via IPO New Zealand wealth management and advice businesses

Citi Launches Live Chat in Hong Kong

U.S. banking giant Citi is the first bank to introduce text, audio and video banking for the affluent segment in the territory. Following the launch, the technology is also going to be introduced in other parts of Asia.

Morgan Stanley closes Thailand private equity fund at US$440 million

The company says the fund will focus on privately-negotiated investments in firms that have significant operations in Thailand, with environmental, social and governance factors being key considerations.

Malaysia to extend bank funding ratio observation by a year

Stretched to 2020, any potential increase in ratio risks pressuring margin

HDFC Standard Life Insurance Q2 profit rises 20% YoY to Rs 287 crore

It had posted a net profit of Rs 238.48 crore in the corresponding quarter last year.

Two new ETFs on the block

VanEck and BetaShares have announced new ETFs, as product launches in the segment heat up.

Microsoft and National Australia Bank brings Windows Hello to ATMs

“We believe AI will profoundly impact financial services and the sorts of solutions that banks will be able to deliver in the future."

Nomura Holdings planning ¥100 billion fund with Chinese firm

As Beijing opens up the country’s financial market to foreign companies, Nomura is planning to expand its investment operations in China as the securities market at home shrinks due to the declining population.

Myanmar welcomes more investment from Hong Kong

This is the second Myanmar Investment Promotion Seminar held in Hong Kong this year.

Singapore is eighth biggest recipient of FDIs in H1 with deals worth $48.23b

The study noted that two out of the three biggest deals happened in Singapore, including those made by Global Logistics Properties worth $15.85b (US$11.5b) and Equis Energy Developments worth $6.89b (US$5b).

Singapore to be investment broker for Asia's infrastructure

As a regional financial hub, Singapore officials have increasingly billed the city state as a conduit for that kind of investment.

Government to offer credit support for corporate bond issuers

People's Bank of China to provide initial support to institutions to back private firms seeking to ease liquidity pressure

Ping An and Merian Global Investors Sign Historic Strategic Agreement

The MOU marks the formal commencement of a new strategic partnership between the two businesses, bringing together their skills and expertise to the benefit of both organizations and their clients.

Prudential's Asia fund arm gets China non-retail asset management licence

“Receiving our PFM licence allows us to accelerate our growth in this important market,”

Binance Singapore Gets Funding from Singapore Government’s Venture Fund

Vertex Ventures is a branch of Temasek Holdings which is owned by the city-state's government.

UOB partners Shanghai Qilu to offer financing of up to $600m to Shandong-based firms

It was set up in 1992 to drive economic and enterprise growth in Shanghai Pudong and Shandong.

HSBC sees growth in China driven opportunities in Middle East

UAE expected to play a pivotal role in trade and investment flows

Japan’s Dai-ichi Life invests 300 million yen in cyborg technology startup

MELTIN’s technology “is expected to have a positive social impact by reducing the risks of accidents and related incidents involving work in hazardous environments

Investors unfazed by market volatility: Spot poll

The equity sell-off in recent days follows a raft of downgrades in more cyclical sectors globally - autos, chemicals, semi-conductors, luxury goods and even packaging and cloud computing.

Hong Kong property magnate Walter Kwok dies, aged 68

A spokesman for Sun Hung Kai Properties said he did not have any comment about its former chairman’s death.

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