06/19/2015
India, China drive region’s wealth to global high
Asia Pacific records the fastest growth in high-net-worth population to overtake the US and is tipped to take top spot for overall wealth this year
Comment, Analysis & Research
06/19/2015
Record Number of Hedge Funds Now Operating Around World - HFR
The hedge fund industry set a new record during the first quarter when an industry research group said 10,149 funds are operating around the world even after hundreds of existing funds shut their doors during the same time.
06/18/2015
Foreigners Spend More on Living Expenses in Seoul than Tokyo
Mercer’s 21st annual Cost of Living Survey finds African, Asian, and European cities dominating the list of most expensive locations for employees working abroad
06/18/2015
Top 10 Global Cities for the World's Wealthy
Which cities around the world are most important for the world's wealthy?
06/17/2015
Expenses seen rising faster than Filipinos’ average ROI
The report discussed how investors in the region—including Filipinos—were losing ground each year as the rate at which their savings was growing was outpaced by rising cost of big-ticket purchases.
06/17/2015
Have Singapore’s luxury homes hit rock bottom?
The interest is primarily among ultra-high net worth clients for apartments over 3,000 square feet
06/17/2015
Asia-Pacific region now has more millionaires than North America
North America and Asia-Pacific led the way in 2014, with European growth expected to accelerate in next few years, finds World Wealth Report 2015
06/17/2015
World's wealthiest people to own $70tn in assets by 2017
The assets of the richest people on the planet grew more "modestly" in 2014 than in previous years, but there's no real cause for concern – less than 1% of the world's population are still tipped to be collectively worth some $70
06/17/2015
Hoax Alert: Reports of Ajith Beating Vijay, Rajinikanth in Forbes' Rich and Influential List are Fake
Ajith fans have been celebrating for the past few days after reports emerged, stating their favourite actor beat Vijay and Rajinikanth to become the richest and most influential Celebrity in Kollywood. But to their huge disappointment, the news is false.
06/16/2015
Asia just overtook Europe in wealth for the first time in centuries — and North America is next
Asia Pacific is now world’s second wealthiest region and will overtake North America this year, according to survey by Boston Consulting Group
06/16/2015
HSBC takes risky route in search of Pearl in southern China crown
The Pearl River delta is now the world’s most populous area, bigger than Tokyo with a matching economy.
06/16/2015
Investors shift to cash for protection
An overall total of 207 panelists with US$562 billion of assets under management participated in the survey from 5 June to 11 June 2015.
06/15/2015
HSBC is no longer the world’s local bank
The world’s local bank will now decide where it is profitable to be local, the Noble House of money.
06/15/2015
Achieving faster growth in South Asia through financial inclusion
The governors of eight South Asian central banks in Dhaka last week deliberated on ways to strike more financial inclusion as a tool of furthering the pace of growth in the region.
06/15/2015
London calling
Savvy property investors would do well to look abroad
06/15/2015
Singaporeans less upbeat about their investments in the next year
The silver lining is that 45 per cent of the Singaporeans polled are willing to work with a financial adviser, up by 10 percentage points last year.
06/15/2015
EM equity star: Chinese banks in better shape than eurozone peers
The huge amount of liquidity held by the People’s Bank of China results in a strong banking system which is currently better positioned than its European counterpart.
06/14/2015
Hong Kong now more expensive than Tokyo for expatriates, Shanghai most expensive in Asia Pacific
Our ranking is based on an international spending pattern for comparison purposes.
06/14/2015
US should join China-led Asian infrastructure bank
The US, along with Canada and Japan, has been conspicuously absent from the discussions regarding the establishment of the Asian Infrastructure Investment Bank.
06/13/2015
Astounding claims
For insurers, Asia is a cauldron of innovation, but also of competition