Thursday, 30 April 2026

PEOPLE Monday, 23 September 2019 09:40

Hong Kong Monetary Authority Adds Senior Executive Director

The Hong Kong Monetary Authority rehires a former employee to join as its senior executive director.

FINANCE Monday, 23 September 2019 08:46

Mitsubishi Loses $320 Million to Unauthorized Fake Trades

Mitsubishi recorded a $320 million loss through unauthorized trades of crude oil derivatives disguised as hedges.

PEOPLE Monday, 23 September 2019 06:47

Ex-Credit Suisse Wealth Boss in Security Scrap

Credit Suisse reportedly had its ex-top private banker Iqbal Khan tailed by a security detail. A broad-daylight skirmish underscores the heightened tensions around his defection to UBS.

FINANCE Friday, 20 September 2019 17:52

UBS Bets on Shanghai to Offset Hong Kong Underwriting Ban

UBS will look to significantly boost its underwriting income in mainland China on the high fee tech board, Star Market, in a move to offset the effects of a ban on sponsoring IPOs in Hong Kong.

FINANCE Friday, 20 September 2019 17:08

MAS’s Menon: Libra Raises «Existential Questions»

Following a meeting in Basel between representatives of Libra and 26 central banks, Monetary Authority of Singapore managing director Ravi Menon spoke out about the global risks involved from launching the digital currency, adding that it raises «existential...

PEOPLE Friday, 20 September 2019 16:29

Mitsubishi UFJ Halves Asia Ex-Japan Investment Banking Staff

Global investment banks continue to face headwinds with Mitsubishi UFJ Group being the latest to downsize, with half of its securities staff in Asia ex-Japan to be made redundant.

FINANCE Friday, 20 September 2019 15:03

Fintech Adds 8 Percent to Indian Wealth

India has been a major beneficiary of rapid financial technology growth with the sector having contributed to eight percent of gross national income per capita since 2013.

FINANCE Friday, 20 September 2019 14:18

Singapore's Sovereign Wealth Fund Sounds Alarm Bells Again

The head of GIC reiterates his point that markets are becoming increasingly dreadful and investors face a very uncertain future.

PEOPLE Friday, 20 September 2019 13:09

Howard Marks: «Avoid Losing Money Over Missing Opportunities»

The billionaire investor reflected on his 50-year career and spoke about his approach to investing, in a conversation with the founder of the Milken Institute.

FINANCE Friday, 20 September 2019 12:58

Credit Suisse Hires Equity Research Head From UBS

With over 25 years of experience in the financial industry, Credit Suisse's new head of equity research joins the bank from rival UBS.

PEOPLE Friday, 20 September 2019 12:00

MAS’s Menon Appointed to Chair BIS’s Asian Council

The Monetary Authority of Singapore’s managing director, Ravi Menon, has been appointed by the Bank of International Settlement to chair its Asian Consultative Council, which will facilities communication between the region’s central banks.

FINANCE Friday, 20 September 2019 10:30

Singapore and Hong Kong: Fund Fees Above Average

Mutual fund fees have declined across global markets but those in Singapore and Hong Kong remain higher than the global average.

FINANCE Friday, 20 September 2019 10:01

Henry Ma: «Banks Will Become Relevant Again»

WeBank's executive vice president offers his take on what's next for cashless payments, speaking at the Milken Summit.

FINANCE Friday, 20 September 2019 09:20

UOB Opens Bank Branch in Zhongshan City

UOB has opened a branch in China's Zhongshan City, furthering its commitment to the Greater Bay Area. It is one of the first foreign banks to do so.

FINANCE Friday, 20 September 2019 08:42

Hong Kong Financial Center Rating Plummets

Despite ongoing unrest and an uncertain political future, Hong Kong retained its ranking as the third leading financial center in the world.

HIGH-END Thursday, 19 September 2019 17:32

Hong Konger Emigration Inquiries to Vienna Triple

The search for a home outside home continues to play out from individuals in Hong Kong whose latest target for emigration is the historically rich Vienna, Austria.

FINANCE Thursday, 19 September 2019 16:50

Dirk Niepelt: «Libra Paves the Way for Central Bank Digital Currency»

Plans by Facebook and its partners to launch a global digital currency have the fintech sphere buzzing with rumors, and regulators, central banks, and “old finance” worried. This column argues that while we may be witnessing a seismic shift in the monetary...

FINANCE Thursday, 19 September 2019 16:43

Digital Insurer Singlife Gets Makeover

Now known as Singlife, it is launching a mobile financial solution that connects savings, investments, and protection plans on one platform, and will become the first insurtech here to issue a debit card.

FINANCE Thursday, 19 September 2019 16:16

BIS Plans Innovation Hub in Hong Kong

The Bank of International Settlements has signed an operational agreement with the Hong Kong Monetary Authority to establish an innovation center in the special administrative region.

FINANCE Thursday, 19 September 2019 15:34

Philippines Approved for Yuan Clearing Service

The People’s Bank of China authorized the Bank of China Manila branch for yuan clearing, making the Philippines the latest market to join the path towards the internationalization of the renminbi.

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