10/15/2013

London Jumps Queue in Race to be Yuan Hub

London has stolen a march over Singapore in the race to become a yuan hub, becoming the first foreign city to be allowed to invest directly in domestic securities on the mainland.

10/15/2013

Challenger AUM up 31%

Chief Executive Officer Brian Benari said: "We are very pleased with the unseasonably strong retail annuity sales and remain committed to our 2014 guidance.

10/09/2013

Alibaba's takeover of Tianhong to reshape online finance

This will make Tianhong the country's largest fund management company in terms of registered capital, surpassing that of China Asset Management Co., currently the largest with registered capital of 238 million yuan.

10/03/2013

Singapore becomes a destination for junk

Data from Thomson Reuters showed that close to S$5bn (US$4.02bn) of high-yield deals were done to date this year, compared with an estimated S$4.4bn and S$3bn in 2012 and 2011.