11/27/2014
Some Hong Kong banks have started to cut yuan deposit rates in the wake of the launch of a long-awaited "stock connect" scheme that attracted only muted interest and less-than-expected demand for the Chinese currency.
11/27/2014
China said on Thursday that "domestic reasons" had caused Indonesia to delay joining a new infrastructure bank seen as an attempt by Beijing to rival Western-backed international development banks.
11/27/2014
Individuals can now get loans up to Rs 10 lakh from banks against their investment in long-term infrastructure bonds issued by same lenders
11/26/2014
Income-tax department raids Sahara offices
The Income Tax department has claimed to have seized Rs 135 crore in cash from the premises of Sahara group during its raids in Delhi and Noida in connection with alleged tax evasion charges.
11/26/2014
BOJ Governor Defends Easing Measures
Even adding the bank was ready to take further action if needed to achieve 2% inflation by around next year.
11/26/2014
The capital that banks are required to hold against risky asset
11/26/2014
An FSC official explained that the directive would help domestic managers to promote Taiwanese fund product
11/26/2014
Appleby Advises ORIX Corporation on Japanese Acquisition
The Appleby team was led by Cayman’s Head of Insurance, Simon Raftopoulos
11/26/2014
The directive is mainly targeted at subsidiaries of securities brokerages and fund houses
11/25/2014
Beijing firm Han Kun Law Offices has launched a base in Hong Kong via an association with local firm Choy Cheung & Co.
11/24/2014
BNY Mellon is to close its BNY Mellon Japan Equity Value fund due to its small size.
11/24/2014
An economist from the Asia Development Bank urged Korea to consider levying more taxes on the rich to create a more balanced wealth distribution.
11/24/2014
THE scale of the fraud alleged against Clive Palmer is tipped to almost double to about $23 million, the total amount of Chinese cash allegedly siphoned by Mr Palmer and his companies from a bank account set up to fund operations of a port for iron o
11/24/2014
When questioned in Parliament on Thursday about why the Future Fund has not divested from fossil fuels, Chairman Peter Costello was quick to respond that the fund’s only mandate is to deliver investment returns.
11/23/2014
The legal action, filed late on Friday after talks with the bank failed to resolve the issue, also included a temporary reprieve with an interim court order stopping Westpac from shutting down the trading accounts.
11/23/2014
Mayer Brown, a leading global law firm, announced the promotion of 21 of its lawyers worldwide to partner. The appointments take effect January 1, 2015.
11/23/2014
The Office of the Ombudsman has asked a special court to order the seizure of $2 million in alleged illegal assets amassed by a cabinet official and close political ally of former president Gloria Macapagal-Arroyo.
11/21/2014
Hong Kong asks China for more RQFII quota
We hope to see a good figure
11/21/2014
$121m sent offshore after Astarra custodians exit
ANZ removed itself as one of the gatekeepers of Trio Capital's fund in February 2009 and was replaced by National Australia Trustees Ltd
11/20/2014
Westpac moves first on 'terrorist' accounts
Westpac is the last of the four major banks to withdraw from servicing remitters, as concern about reputational risk grows and pressure from big global banks that clear transfers steps up as conflict rages in the Middle East.