12/27/2018
Five Singapore statistics that stunned in 2018
With so much wealth, Singaporeans have invented some fairly exotic ways to spend it.
Comment, Analysis & Research
12/27/2018
Anand Rathi’s wealth management arm calls off IPO
It has filed an application through its merchant bankers -- Equirus Capital and Jefferies India
12/27/2018
China's social net wealth ranked 2nd worldwide in 2016: report
To improve net wealth productivity, the report calls for improving production efficiency for non-financial firms, cutting inefficient investment and shifting away from investment-led growth model.
12/27/2018
Top 5 Singapore mergers and acquisition deals in 2018
China’s Ant Financial has become the biggest unicorn company in the world
12/26/2018
Global economy set to feel delayed trade war pain in 2019
And volumes are tipped to slow further even as the United States and China seek to resolve their trade spat, with companies warning of ongoing disruption.
12/26/2018
Mukesh Ambani: Here’s how much Asia’s richest person added to his wealth in 2018
Mukesh Ambani, the multi-billionaire business magnate, became the richest person in Asia in calendar year 2018 surpassing Jack Ma, Chairman of Alibaba Group.
12/26/2018
Crouching Tiger star Chow Yun-fat promises to donate £565m wealth to charity after he dies
The famously frugal actor reveals he will give away his fortune, reported to be HK$5.6bn (£565m), after he dies.
12/26/2018
MYOB recommends KKR’s marked-down US$1bil buyout offer
MYOB said in a statement it would now recommend the offer, given a 10% drop in the Australian equity market since KKR first made a higher indicative bid in October, and the cost of a company restructure still underway.
12/26/2018
Here are 4 epic ways to draw the curtains on 2018 in Singapore
The carnival will feature a brand new ride – the wave swinger. Marina Bay Carnival
12/26/2018
‘Who is this stupid God?’ / Southeast Asian leaders’ most controversial quotes 2018
The Philippine president has been running a long-standing verbal battle with the country’s Catholic Church, a powerful institution in a nation where four in five people are Catholic.
12/23/2018
Qatar partners Malaysia, Turkey to conquer Islamic finance market
Gas-rich Gulf state aims to escape blockade by diversifying economy
12/23/2018
6 books to read in 2019 if you want to get rich
The majority of wealthy people devote at least 30 minutes a day to reading.
12/23/2018
China’s private firms shy away from bank borrowing, delaying investment
Since November, top Chinese leaders have made a point of stressing Beijing’s support for private ownership and small businesses.
12/23/2018
China to ensure economic stability with countercyclical adjustments
The People's Bank of China, the country's central bank, may lower the interest rates for open market operations, the CICC said.
12/23/2018
Asia’s Worst Currency Isn’t Stopping Bond Bulls From Pouring In
“Foreign investors bought South Korean bonds this year looking at the nation’s high credit rating and current-account surplus,” said Kim Sanghoon, a fixed-income strategist at KB Securities Co. “These will not change in the new yea
12/23/2018
The Big Read: Breaking Singapore’s workaholic culture
For Singapore workers to continue putting in the same long hours as their cohorts of yesteryear would mean less or even little time to care for their ageing parents, experts say.
12/23/2018
Fund managers see value in Asia bonds for 2019 after bad year
"There are quality opportunities because everything has widened out, and we don't have to take as much risk," said Elisabeth Colleran, a portfolio manager on emerging market debt at Loomis, Sayles & Co. "The valuations and the fund
12/23/2018
Malaysia seeks $7.5 billion in reparations from Goldman Sachs: FT
Goldman Sachs has consistently denied wrongdoing and said certain members of the former Malaysian government and 1MDB lied to the bank about the proceeds of the bond sales.
12/21/2018
Global banks chase Asia techs transaction business, as trade war rumbles
The targets for the new initiative include e-commerce firms, mobile payment service providers and ride-hailing companies – from China’s Ant Financial and Grab in Southeast Asia to PayTM and Flipkart in India, said senior bankers and consultant
12/21/2018
Hong Kong Takes Global IPO Crown, Looks to a Quieter 2019
Across Asia, companies raised a total of $109 billion in IPOs, up 27 percent from 2017, Refinitiv data showed, much of it driven by China whose companies accounted for almost a third of global issuers.