Not content with owning a 20 percent stake in Spanish La Liga club Atletico de Madrid via Wanda Madrid Investment and having purchased the 117-meter Edificio España building on the Spanish capital's Plaza de Espana from Santander in a deal worth €265 million in...
Perhaps with the help of their Singaporean shareholder Peter Lim growth was recorded across all four of the McLaren regional business units. A rise in sales across Asia, triggered by an expanding network of their outlets, was part credited with the increase in...
Cerulli the global analytics firm, expects that the side that stands to benefit more from the Mutual Recognition of Funds (MRF) scheme between China and Hong Kong will be China.Activity under the Mutual Recognition of Funds scheme will initially be concentrated...
HSBC’s regional head of commercial banking Noel Quinn recently outlined his overview on the future for the Association of Southeast Nations or ASEAN. As a block of consumers with a young population the union has potentially great power. Below Quinn offers his...
While the Chinese equities market tests the emotions of investors it looks like other forms of entertainment may be worth investing in for the long term. The latest consumer and advertising spending report released by PricewaterhouseCoopers showed that...
Finding a table for lunch in the CBD of both Hong Kong and Singapore has become a real challenge, so one way of making sure you get your favorite seat for lunch is to buy the restuarant and Standard Chartered Bank have just done that, well kind of. Standard...
PwC Australia has appointed David Smorgon as the Executive Chairman of its Family, Business & Wealth practice in Private Clients, furthering its commitment to family business advisory in the country. PwC's Private Clients Leader David Wills said David Smorgon's role...
Knight Frank has launched the Asia-Pacific Residential Review for June 2015 that tracks the price movement of 11 major markets in Asia-Pacific. Q1 2015 saw house prices increase across six of these markets. Commenting on the report Nicholas Holt, Head of Research...
A quick round up of important Asian FinTech activities taking place this week. ICE Clear Singapore Announces First Three Clearing Members: Intercontinental Exchange (NYSE: ICE), the leading global network of exchanges and clearing houses, announced yesterday that...
A portfolio of golf courses in Portugal’s Algarve, which includes scope for additional residential development is sure to be on the radar of Asia’s acquisitive investors. Chinese based investors made several buys in the US golf heartlands earlier this year as...
The British Virgin Islands was recently included along with Hong Kong on a European Commission list of 30 of the most un-cooperative tax jurisdictions, as the Asian Wealth Times recently reported here. Hong Kong has not responded yet but the BVI which works...
Eversheds has launched its consulting arm in Asia with the introduction of Eversheds Agile, which provides lawyers to in-house legal teams on a temporary, contract basis. Eversheds Agile will initially have a pool of between 20 and 30 lawyers in Asia. Cavenagh...
Consumer confidence in China regained some ground in June, seven months since the authorities made the first cuts to interest rates in the current easing cycle. The Westpac MNI China Consumer Sentiment Indicator rose 1.1% to 112.3 in June, having remained steady...
Global real estate services firm JLL’s Head of Corporate Finance in Australia, Chris Key, has been promoted to an expanded role to oversee the firm’s corporate finance operations across Asia Pacific. JLL expanded its Asia Pacific platform two years ago when Mr...
The Monetary Authority of Singapore (MAS) has reprimanded the Singapore Exchange (SGX) for lapses related to the market outages on 5 November and 3 December 2014 and directed SGX to improve its recovery capabilities and processes. There will be a moratorium on...
Another supercar will soon be roaring along the congested streets of Asia and this one makes a lot of noise. It doesn’t come cheap either with a starting price from £140,000 RRP (UK price) Aston Martin yesterday revealed the DB9 GT – the luxury British sports car...
Global analytics firm Cerulli expects distributors in the Asia-Pacific region will increasingly look to have two mutual fund lists with passive funds as core building blocks. At present, distributors typically have a single, all-embracing fund list to serve the...
As the Asian Wealth Times reported on May 15th the Indian Government is pushing ahead with their desire to pull undisclosed assets back to the country. The latest reports from India indicate that from the beginning of July persons with undisclosed income and...
It has been another remarkably active few days across the region for senior moves, here is a brief roundup. In Hong Kong the Australian bank ANZ Private Bank has recruited two experienced bankers to add to their Greater China business unit. Johnny Wan joins as...
In yet another nibble at the traditional banking infrastructure two Asian giants are about to work together leveraging technology to offer a more efficient and expeditious service. India's largest private sector bank, ICICI Bank has announced its association with...
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