10/17/2014

Singapore’s UOB targets Dubai in futures push

United Overseas Bank, Singapore’s third-largest bank by assets, has become the first bank in the Asian city-state to expand its futures business to the Middle East, with plans to become a clearing member of the Dubai Mercantile Exchange.

10/16/2014

AIA, MetLife Said to Mull Bids for NAB’s Life Insurance Unit

AIA Group Ltd. (1288) and MetLife Inc. (MET) are among companies weighing bids for National Australia Bank Ltd. (NAB)’s life insurance unit, which may fetch as much as A$1.5 billion ($1.3 billion), people with knowledge of the matter said.

10/14/2014

Deutsche Bank China ETF Luring Cash As Buyers Wait

The fund managers running the X- trackers Harvest CSI 300 China A-Shares ETF at Deutsche Asset & Wealth Management are facing a problem their rivals would love to have. They’re luring too much money.

10/14/2014

Aviva Investors eyes new real estate markets

The firm singles out Indonesia as an example of a relatively closed market that offers diversification potential amid nervousness over the consequences of Fed tapering.

10/12/2014

Li supports offshore RMB market in Luxembourg

Chinese Premier Li Keqiang said Saturday that China supports the establishment of an offshore RMB market in Luxembourg, and the use of national currencies in the two-way trade and investment.