05/30/2012

China's ICBC wants to be major bullion market maker

The world's biggest bank by market value, ICBC is the top player by volume on China's gold and futures exchanges, but its participation in foreign markets is limited to over-the-counter trading, which reached a total $90 billion last year.

05/29/2012

Are you rich or not?

Most of us would have no trouble picking out the well heeled in our midst, but identifying what puts them into the wealthy club has become more subjective than ever.

05/29/2012

FS Private Wealth launches

Financial Standard has today launched FS Private Wealth: The Journal of Family Office Investment.

05/29/2012

10 years to solve wealth distribution issues

A Chinese social studies expert said he has confidence in a wealth distribution reform that is likely to be launched later this year in China, but warned that a complete solution will require more time.

05/29/2012

Tax concerns see hedge funds fleeing India

From Precy Dumlao, Opalesque Asia – Hedge funds and several foreign institutional investors have packed up their bags and left India on concerns over the proposed tax rules that India plans to implement that could impact on their investments.

05/28/2012

‘Many reasons why Asians prefer tangible assets’

In doing so, he has noticed many things, including a preference among Asian investors for assets that they can ‘touch and feel’. In an interview with Sachin P Mampatta, he discusses, among other things, Indians’ obsession with gold, the

05/28/2012

Asia's richest sidesteps possibility of family feud

Li told investors that while he had no plans to retire, elder son Victor would eventually take over at Cheung Kong Holdings and Hutchison Whampoa, the real estate to telecoms empire founded by Asia's richest man.

05/25/2012

Singapore Is Not a Safe Haven

If the world is heading into some sort economic slowdown there will be plenty of commentaries about which countries are in better fundamental shape, and why they are worthy of investment dollars.

05/25/2012

Land of Luxury: China's Million Dollar Shanghai

The city’s development has been a spectacle to watch; the skyline is a postcard- picture of prosperity, and while traditional noodle shops are still a few beats beyond the glitz, the new money has demanded a profusion of stylish and luxurious avenue

05/25/2012

Where Do the Happiest Millionaires Live?

The survey, which polled individuals with an average net worth of $1.4 million in nine Asian countries, focused on how satisfied these millionaires were with their lives and what their expectations were for future wealth creation.