07/02/2018
The consequent result has been a huge selldown in emerging markets (EMs) and more than US$2 trillion (RM8.08 trillion) in market capitalisation wiped out since the beginning of the year, as foreign funds cut their exposure to risky assets.
07/02/2018
A British-sounding man "hounded" him for weeks, Mackenzie said, with promises to send out portfolios.
07/02/2018
In February 2017, Chinese car company, Geely, hit headlines when it acquired a 9 percent stake in Daimler, the parent company of German automotive giant, Mercedes Benz.
07/02/2018
Taiwan also ranked sixth in the number of ultra-rich people in Asia after Japan (9,960), China (8,800), Hong Kong (5,140), India (2,920) and South Korea (2,610), the consulting firm said.
06/29/2018
China's four largest banks in terms of total assets, namely Bank of China, Agricultural Bank of China, Industrial and Commercial Bank of China and China Construction Bank, have successfully upgraded their banking licenses from being subsidiaries to b
06/29/2018
The most important thing in structural change is to be able to vertically integrate especially whilst the banks are shedding [assets]
06/28/2018
Another third are neutral. Another third are unhappy. More tellingly, 27% say their earnings don't cover their "lifestyle requirements" - even though 58% of them are earning $100k+ (£75k).
06/27/2018
Hong Kong is again surveyed as the world's most expensive city
06/27/2018
The report also sees a rise in the asset management business in Asia, with opportunities in the near-horizon.
06/27/2018
Speaking at a press briefing in Singapore, Haefaele said that with growing volatility, investors are also looking for a higher risk premium and hence taking money out of EMs.
06/27/2018
The group is worth $326 billion and is directly responsible for 13% of South Korea’s gross domestic product in 2018.
06/27/2018
Foxconn Industrial Internet, which makes electronic devices, cloud service equipment and industrial robots, is a subsidiary of the world’s largest contract manufacturer Foxconn.
06/26/2018
The report reviewed India’s economic trends over the course of the past decade, highlighting an impressive 77% growth in GDP per capita over that period.
06/26/2018
Research group New World Wealth tracks the wealth and the movements of high-net worth individuals (HNWIs) – people who have investable assets of more than US$1 million, excluding primary residence and collectibles – around the world.
06/26/2018
UOB Asset Management and CIMB Principal also attracted net flows into Islamic funds
06/26/2018
"If people pay to hold the tokens for financial gain, then arguably they should be treated as a security and come under the same rigorous documentation requirements and regulation as other securities offered to investors for a return,"
06/26/2018
Report says thousands of wealthy citizens are leaving Asia and the Middle East, mostly heading for new lives in Australasia, North America and Europe
06/26/2018
The estimates were drawn based on trends shown in pension subscriptions and beneficiaries, insurance payments, average income of subscribers and unemployment rate, plus other factors.
06/26/2018
According to Mercer’s 24th annual Cost of Living Survey, factors like instability of housing markets, low inflation, and fluctuating prices for goods and services are impacting the cost of doing business in various cities around the world.
06/25/2018
Having heard all that, the attention of the listeners was maintained with some noteworthy investment ideas for wealth experts to consider for their Asia-based clients.