Thursday, 30 April 2026

PEOPLE Thursday, 30 January 2020 12:53

Iqbal Khan vs Tidjane Thiam: Timeline of «Spygate»

Within four years, Tidjane Thiam and Iqbal Khan went from the hopefuls of Swiss banking to the center of a tawdry scandal. For those losing track amid the flurry of news, finews.asia compiled a timeline of the key developments.

FINANCE Thursday, 30 January 2020 12:45

SGX Grows Index Business

The strategic investment will help the growth of its Data, Connectivity and Indices (DCI) business by strengthening its research-based index design capabilities as well as broaden the range of index products and clientele.

HIGH-END Thursday, 30 January 2020 12:37

Why The World’s Richest Man Is Losing to Asia’s Richest Man

Is the size of your personal fortune relevant when you are being outplayed by a billionaire? Checkmated by two fellow billionaires within the span of a week, Jeff Bezos may well find the answer is an uncomfortable one. 

FINANCE Thursday, 30 January 2020 12:14

Allianz: Politics is Top Risk for Businesses in Hong Kong

Political risk and violence were ranked as the top risk for businesses in Hong Kong, according to a recent survey by Allianz, following months of unprecedented unrest. 

FINANCE Thursday, 30 January 2020 11:55

Chinese Regulator Urges Financial Sector to Back Coronavirus Battle

China’s banking and insurance regulator has issued a statement urging the finical sector to support individuals and businesses that have been hit by the deadly Wuhan coronavirus outbreak.

FINANCE Thursday, 30 January 2020 11:20

Stack Launches Asia’s First Bitcoin Index Fund

Stack, an Asia-based provider of cryptocurrency trackers and index funds, has launched the single-asset index fund in response to investor demand. It expects to capture $750 million in assets under management within 2020, Matthew Dibb, co-founder of Stack told...

FINANCE Thursday, 30 January 2020 11:00

Westpac VC Fund Invests in Indonesian Instant Credit Platform

The buy-now-pay-later platform, which gives retail borrowers instant credit financing for e-commerce purchases and personal loans in real-time, is the fastest-growing in the country. 

FINANCE Thursday, 30 January 2020 10:42

HKEX Mulls Delaying Financial Reporting Over Outbreak

Half of the companies listed on the mainland-dominated bourse in Hong Kong could face delayed financial results due to the ongoing coronavirus outbreak.

FINANCE Thursday, 30 January 2020 10:20

Goldman Sachs Draws Up Comeback Plan

The once-undisputed champion of Wall Street draws up a plan to lift profitability in an attempt to quell shareholder concerns.

FINANCE Thursday, 30 January 2020 09:58

Asset Management – the New Private Banking

A bold assertion for the world's biggest offshore financial market. But major players in Switzerland are getting ready for the future.

FINANCE Thursday, 30 January 2020 09:18

UBS to Hire Investment Bankers in Performance Bid

The investment bank of UBS didn’t deliver as much as the bank had hoped it would in 2019. The heads of the unit have reacted to the underperformance by setting new hiring targets.

FINANCE Wednesday, 29 January 2020 17:52

Singapore's GIC Takes Stake in Myanmar Lender

GIC and Norway’s Norfund will buy about 30 percent of Yoma Bank for 130 billion kyat ($88.7 million).

FINANCE Wednesday, 29 January 2020 16:07

East Asians Displace Chinese Foreign Bond Appetite

Japan, Taiwan Singapore and Hong Kong are displacing China’s once insatiable appetite for foreign bond purchases but risks loom for income investors in the low yield environment.

FINANCE Wednesday, 29 January 2020 14:58

Raffles Family Office Bets on Co-Working Boom

WorkTech will use the new funds to expand its operations across Southeast Asia, including in Vietnam, Cambodia, Thailand and the Philippines.

FINANCE Wednesday, 29 January 2020 14:06

T. Rowe Price Hires in Sydney

The asset management firm has expanded its local investment team in Australia, in line with plans to grow its client focus.

FINANCE Wednesday, 29 January 2020 12:49

Hong Kong Banks Maintain «Lai See» Tradition

Despite an uncertain outlook, banks in Hong Kong maintained the tradition and continued handing out red envelopes to staff for the Year of the Rat.

FINANCE Wednesday, 29 January 2020 11:45

Standard Chartered Invests in Documentary Trade Platform

The investment into the blockchain-based open industry platform aims to further digital innovation in documentary trade.

FINANCE Wednesday, 29 January 2020 11:10

China Extends Market Suspension Over Coronavirus Worries

China will keep its stock markets closed until next Monday as it combats the coronavirus crisis which has already claimed more than 130 lives in the mainland.

FINANCE Wednesday, 29 January 2020 10:52

HPD LendScape Grows Team in Asia

The hire of a new head of receivables finance will help develop the firm's secured lending offerings and tap on a growing need among businesses and institutions in the region.

FINANCE Wednesday, 29 January 2020 10:09

Tidjane Thiam vs Swiss Establishment

The Credit Suisse CEO is fighting for his future. His major sin? Refusing to pander to an influential Zurich establishment which still holds sway over the Swiss bank at home.

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