02/17/2020
No reason to go back on govt's mega-merger plan for state-owned banks: FM
On August 30 last year, Sitharaman had announced the biggest merger exercise of PSBs
02/17/2020
On August 30 last year, Sitharaman had announced the biggest merger exercise of PSBs
02/17/2020
The country, which saw its economy grow by 6.1% in the first quarter of 2019, could now only register 4.6% growth.
02/17/2020
Domestic managers were the primary beneficiaries of the turnover in rankings. For example, Thai managers Kasikorn and SCB Asset Management made the top ranks due to success from roll-over funds.
02/14/2020
The wealth of individuals with net worth of between $5m and $30m grew by around 10% in the financial services-dominated economy last year, according to a Wealth-X survey.
02/14/2020
New Wealth-X Report Reveals Significant Growth Among Those with $5 to $30 million in Net Worth.
02/14/2020
Perhaps the dressing is indicative of the sort of firms they’re looking into — it’s a departure from the usual dark suits of the financial world.
02/14/2020
The magnitude of the hit on Chinese GDP depends on how quickly (or not) COVID-19 is contained.
02/13/2020
The New Development Bank said it highly appreciates China's great efforts and effective measures aimed at curbing the spread of the novel coronavirus.
02/12/2020
China’s central bank is injecting cash into the economy and cutting interest rates to help contain the economic fallout.
02/12/2020
China is directly responsible for 20 percent of the world’s manufacturing output through the goods it produces and indirectly responsible for more through its manufacture of components for everything from computers to high fashion.
02/12/2020
Each side naturally likes to project itself as being in a strong position, but in fact all parties are feeling vulnerable
02/12/2020
Private equity is the top performer, while fixed income is the largest allocation.
02/12/2020
One picture showed the employees posing for a group shot at the Red Incense Burner Summit of Braemar Hill.
02/12/2020
Monetary easing and fiscal stimulus will continue to support equity markets, despite the coronavirus threat, according to Invesco’s Asia strategist
02/12/2020
Long-standing structural impediments to growth remain although, as more corporates tap the sukuk market, potentially including those with weaker credit profiles, legal precedents could eventually be set clarifying creditor treatment in a default.
02/11/2020
The P7 accounts for 92% of the US$46.7 trillion in assets in the 22 largest pension markets.
02/11/2020
The research also shows the shift to alternative assets continues apace and marks two decades of considerable change in pension fund asset allocation globally.
02/11/2020
The bank is also advising customers who have been to mainland China in the last 14 days to reschedule their visits to any UOB branches. Mobile and internet banking will be available for clients who are unwell or in quarantine.
02/10/2020
Q4 2019 Insights
02/10/2020
The annualised return of the fund’s alternative investments, including real estate, infrastructure, private equity, and hedge funds, was 7.56%.