06/18/2014
The sale is part of a group-wide restructuring led by new Chief Executive Stephen Hester, after losses caused by extreme weather and accounting irregularities at its Irish division hit its finances and prompted the departure of several senior executives.
06/18/2014
Having emerged as the largest offshore renminbi clearance center, Singapore aspires to actively take part in the internationalization of the renminbi, announced S. Jayakumar, Singapore's minister of foreign affairs.
06/17/2014
The Shanghai Stock Exchange on Tuesday announced restrictions on who can trade high-risk bonds, another step in a campaign to steer retail investors away from risky high-yield investment strategies and toward buying and holding for value.
06/16/2014
A UOB survey conducted earlier this year found that 61 per cent of Chinese companies are planning to expand within Asia over the next 12 months, especially in South-east Asia, South Korea and Japan.
06/16/2014
UBS AG, Switzerland’s biggest bank, is planning to expand its Chinese property investment business with a move into commercial real estate.