Managers of Wealth Asia Pacific

Law Firm Announces the Filing of a Class Action against China Finance Online

This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws

Seoul court lifts injunction in Hana-KEB merger

The merger of Hana Financial Group and Korea Exchange Bank that has been on hold since an injunction filed by KEB’s labor union in February is expected to get back on track

China establishes Courts specialising in intellectual property law

Between November and December 2014, Beijing, Shanghai and Guangzhou courts specialising in intellectual property law initiated their activities.

NZ central bank to explore macroprudential policies, bank stress testing

New Zealand's central bank will keep investigating the use of macroprudential tools to control the housing market and develop a framework to test how sound the country's banks are, as key priorities over the next three years.

Super governance welcomed but ISA questions ‘one size for all’ push

A raft of superannuation providers and representative bodies have welcomes the proposed changes to superannuation board governance claiming it would boost consumer confidence around superannuation

Appleby advised DNB Bank on Genting’s Loan Facility

According to Genting, the deal presented an "excellent opportunity" to take advantage of growing demand in the luxury cruise market.

'Mara Aussie property deal before my time'

Mara chairperson Annuar Musa today denied involvement in the controversial Melbourne real estate deal because he became chairperson after the decisions were made.

Indonesia regulator to issue rules to manage risk at financial conglomerates

Indonesia's financial regulator said on Friday it is planning to issue rules in September to manage systemic risk at financial conglomerates

Moody's: Singapore's proposed bail-in regime is credit positive for senior bank creditors

The FSB's Key Attributes call for a framework that forces banks to create additional buffers

JI chief asks Supreme Court to take suo motu notice of Swiss accounts

Jamaat-e-Islami (JI) chief Siraj-ul-Haq has demanded of the Supreme Court of Pakistan for taking suo motu notice to bound the government for bringing national wealth back from Swiss banks and unveiling the names of Pakistani depositors.

On Samsung’s Home Turf, U.S. Hedge Fund Fights to Block Merger

Elliott Advisors opposes combination of Samsung C&T and Cheil Industries

PNG corruption exposed in Australian sting

Australia has been exposed as a safe haven for corrupt funds from Papua New Guinea with lawyers caught on video explaining how to deposit stolen money in Australian bank accounts.

CFPG advised Chongbang Holdings (International) Limited on its close to US$920 million institutional capital raising

Chongbang is a leading Shanghai-focused developer, owner and operator of retail-anchored mixed use projects.

Monetary Authority of Singapore reprimands SGX for market outages

The Monetary Authority of Singapore has reprimanded Singapore Exchange for lapses related to the market outages in 2014 and directed the exchange to improve its recovery capabilities and processes, said MAS in a news release Wednesday.

China's top legislature reviews BRICS bank agreement

The agreement was signed by five of the bloc's members -- Brazil, Russia, India, China and South Africa -- on July 15 last year during the sixth BRICS summit.

New rules for hedge fund firms could transform Australian sector

Australia has taken a decisive step towards its advancement as a global investment market, with the smooth passage of the Investment Manager Regime legislation through the Australian Parliament.

Statistics of payment cards issued in Hong Kong for first quarter 2015

The payment card statistics include quarterly data on credit and debit cards issued in Hong Kong under the credit and/or debit card schemes of the eight payment card scheme operators.

Mara implicated in Australian property scam – The Age

Majlis Amanah Rakyat (Mara) through a subsidiary, MARA Inc, allegedly overpaid developers of an apartment building in Melbourne by A$4.75 mil (RM13.68 mil) in a property scam, Australian daily The Age said today.

Overseas home buyers to be targeted in Kiwi tougher tax rules

New Zealand lawmakers have begun considering new regulations aimed at closely monitoring overseas property buyers, the government announced Tuesday.

2ndary lenders to lower rates Regulator expects burden on poor to be eased; spending to be boosted

The government will lower "murderous" lending rates charged by private lenders and expand low-rate loans to lessen the burden on low-income borrowers, the Financial Services Commission (FSC) said Tuesday.

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