08/19/2022
HSBC: Singapore to House Most Millionaires Per Capita in Asia
The bank forecasts that millionaires will make up 18.5 of the city-state’s population by 2030, up from 7.5 percent in 2021.
08/19/2022
The bank forecasts that millionaires will make up 18.5 of the city-state’s population by 2030, up from 7.5 percent in 2021.
08/12/2022
Ports and casino tycoon Enrique K. Razon Jr. came in at number three on the list though his net worth is slightly down to $5.6 billion.
08/12/2022
The research has been informing our work in the retail sector, including changing practices in retail product design and distribution, investor protection strategies and crypto-assets.
08/11/2022
China has once again captured the attention of investors seeking shelter from unprecedented global policy tightening.
08/04/2022
US House Speaker Nancy Pelosi’s visit to Taiwan and China’s aggressive responses compel us to put forward our medium-term scenarios for the US-China relations and the stability of the Taiwan Strait.
08/02/2022
More aggressive tightening would add to asset-quality risks without necessarily continuing to deliver revenue benefits for banks.
07/26/2022
Against that backdrop, I feel that now is a good time to hand over the Chair’s role to someone new, who will lead the organisation on the next stage of its journey
07/22/2022
People need to see the details so they can estimate the earnings impact.
07/21/2022
“The survey findings underscore the core strengths of the asset and wealth management industry in the fast-changing, challenging environment,”
07/19/2022
The world’s second largest economy has been hit hard by recent lockdowns, with data released today confirming that it contracted in the second quarter.
07/14/2022
Helen Kan is a financial service industry leader with global, regional and Hong Kong/China expertise garnered over an illustrious career spanning more than 30 years.
07/13/2022
Several hundred jobs in the 1,000-strong Shenzhen tech hub will be affected with roles moved to other offices in Mumbai, Madrid, Toronto and Chicago.
07/13/2022
Hong Kong is also reinstating electronic wristband trackers for those in home isolation.
07/12/2022
They focused their attention largely on Variable Universal Life and its particular advantages.
07/07/2022
During the 2000 tech bubble, earnings plunged 55 percent compared to positive earnings growth now while price-to-earnings reached 25x compared to around 20x now.
07/05/2022
The cuts cover the Greater China business which included the loss of 10 client-facing bankers as well as the resignation from the China securities venture including chief information officer Larry Tung and chief compliance officer Xu Yang.
07/05/2022
Authoritarian rule, and mass lockdowns are making one Asia manager question the once assumed pragmatic nature of the Chinese government.
07/04/2022
It's well known why Singapore is an attractive place to be not just for Southeast Asian, or Asian families more broadly, but certainly global ones, too: It’s safe, it has access to high-quality education, healthcare, a transparent judicial syst
07/04/2022
Two of the big ASX banks are preferred over the others.
07/04/2022
Waiting list for applications underlines tension between lifting profits and avoiding future scandals