Managers of Wealth Asia Pacific

Troubled Indian group nears sale of top London hotel to Qatar

The Business Standard newspaper reported that the deal for the Grosvenor House Hotel in Mayfair could raise as much as $337 million.

China to allow banks to directly invest in high-growth tech firms

The pilot programme, dubbed an "investment and loan linkage mechanism", is set to start sometime this year via special approval by the State Council, China's cabinet, a government official with direct knowledge of the plans said. The offici

Japan Post Bank to start in-house stock investments

Japan Post Bank, the banking unit of Japan Post Holdings Co., plans to diversify investment targets to boost returns amid very low interest rates.

China's Central Bank Plans to Launch Its Own Digital Currencies

A PBOC research team set up in 2014 to look into digital currencies should make preparations for launches, according to a central bank statement posted on www.pbc.gov.cn.

Maybank eyes infrastructure opportunities

I’d like to make our mark as a key facilitator and funder of infrastructure in Southeast Asia and to capture trade financing as well

Global fund pays $150m for South Wharf Tower

South Wharf Tower represents CBRE Global Investors first direct acquisition in Australia.

Asiya: China strengthens economic ties with the Middle East

Chinese President Xi Jinping recently completed his visit to the Middle East at a crucial time.

Value of Aussie mortgage market hits $1.4 trillion

The four major banks were behind 80% of new owner-occupied home loans written in the 2015 calendar year, settling just over $79 billion in these types of loans.

China Orient Asset Management to raise $1.52b before IPO

The firms were set up in 1999 to deal with the bad assets of the four biggest state-owned banks. Orient has disposed around 1 trillion yuan of non-performing loans since then, Xinhua said.

Middle East Eyes Indonesian Beaches

Alwi explained that the Middle Eastern countries were more than willing to provide fund to develop beaches in Indonesia. The United Arab Emirates, for example, books an annual state revenue up to Rp 2,000 trillion (US$144.9 billion) per year.

MetLife Hong Kong Celebrates 18% YoY Business Growth

Eyes Agency and Brokerage Business Expansion in 2016

Billionaire to build $14b zone in India

Deal with Haryana state part of 'gushing torrent' of Chinese overseas spending

Businessman-turned-politician pledges $250m for struggling nickel refinery

“We’re heroes, not villains,” he told the ABC.

KKR forms debt co-investment partnership

Kohlberg Kravis Roberts formed a partnership with China Orient Asset Management and China Orient Summit Capital to co-invest in credit and distressed opportunities in the Chinese market.

Super fund ramps up UK investment

Australia’s largest industry superannuation fund, $92 billion giant AustralianSuper, has poured a further $900 million into a mega apartment, office and retail project in London’s King’s Cross as part of its bullish move into intern

J.C. Flowers to Acquire Chi - X Australia , Japan and Chi - Tech

Financial terms of the transaction were not disclosed. The acquisition is expected to close in Q1 2016, pending regulatory clearances.

Bangkok ditching rate cuts to focus on currency, spending-led growth

Detailed statistics on government outlays are not available. But Bangkok seems to have stepped up spending since the summer of 2015

Scarred investors might stay out of Asia markets, despite low valuations

The rally was tantalizing but brief, as slowing Chinese growth, its weaker currency and falling oil prices combined to end it.

Keppel Corp says to consolidate asset management businesses

The managers of Keppel Infrastructure Trust, Keppel DC REIT, Keppel REIT and Alpha Investment Partners will be consolidated under one subsidiary.

Indian life insurance underperformed Asian peers: McKinsey

Says it is due to sector serving a miniscule segment of users, mainly to meet narrow investment needs

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