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HIGH-END Thursday, 5 September 2019 16:58

Cult Wines Expands in Asia Pacific With New Hire

Cult Wines, a global fine wine investment management services, has a business development manager based in Singapore. 

FINANCE Thursday, 5 September 2019 16:44

Jeffrey Voegeli: «It's Still a Dog-Eat-Dog World»

While criticism of dog-eat-dog capitalism is widespread, its core principles remain firmly rooted in society, says Jeffrey Voegeli, an editor at finews.ch.

FINANCE Thursday, 5 September 2019 16:00

DBS' Piyush Gupta: «AI Needs More Soft Skills, EQ»

Science, technology, engineering, and mathematics (STEM) specialists are prized in today's economy, but psychologists, behavioral scientists and philosophers also have a crucial role for artificial intelligence to succeed, according to the DBS chief executive...

FINANCE Thursday, 5 September 2019 15:00

Wirecard Expands Partnership With Mizuho Bank

Wirecard is expanding its partnership with Mizuho Bank. The scope includes a significant geographic extension, a collaboration on new payout products, and joint digital payment solutions. 

FINANCE Thursday, 5 September 2019 14:00

AXA Signs JV to Tap Australian Healthcare Real Estate

AXA’s real estate arm, «AXA Investment Manager - Real Assets», establishes a joint venture with international property firm Grosvenor Group and healthcare property specialist Centuria Heathley in a move to gain more high quality Australian healthcare real estate...

FINANCE Thursday, 5 September 2019 12:01

Hong Kong Protests: Peg-Xit?

Markets are once again seriously testing the USD/HKD peg’s upper barrier but this time under the auspices of an administration facing local opposition. Banks sound-off about the threat against the peg.

HIGH-END Thursday, 5 September 2019 11:45

Hong Kong's Wealthy Eye U.K. «Golden Visas»

The popularity of the U.K.'s investor visa scheme is growing among Hongkongers and mainland Chinese seeking an alternative residence and safe haven.

PEOPLE Thursday, 5 September 2019 10:49

P2P Lender Funding Societies Makes C-Suite Hires

The largest peer-to-peer lending platform in Asia is adding to its senior management as it scales its operations across the region.

FINANCE Thursday, 5 September 2019 10:01

UBS and Credit Suisse: Little to No Sign of Hong Kong Capital Flight

The two largest private banks in Asia – UBS and Credit Suisse – claim to see little to no capital flight from Hong Kong, in the midst of unprecedented unrest.

PEOPLE Thursday, 5 September 2019 08:45

Uniqlo Billionaire Founder Seeks Woman for Successor 

70-year old Japanese billionaire founder of Uniqlo, Yanai Tadashi, said he prefers to be succeeded by a woman, in a move he foresees will bode better for the region’s largest retailer.

FINANCE Thursday, 5 September 2019 07:47

Updated: Charles Schwab Closes Singapore Office

U.S. discount brokerage Charles Schwab announced that it will shut down its Singapore office, less than two years after its opening. 

FINANCE Wednesday, 4 September 2019 17:04

UOB Completes Indonesian Asset Manager Acquisition

UOBAM is strengthening its franchise in Southeast Asia through its expansion into Indonesia, the region’s largest market, with the acquisition of PG Asset Management.

FINANCE Wednesday, 4 September 2019 16:00

Blockchain Forensics Firm Raises $23 Million for Asia Push

Elliptic will use the new funds to expand its offices in Tokyo and Singapore and broaden its offerings as crypto regulatory demands grow.

FINANCE Wednesday, 4 September 2019 15:02

China Merchants Eyes REIT Management in Hong Kong

China Merchants’ development arm announced the group’s proposal to expand into real estate investment trust management in Hong Kong, having applied with local regulators this week.

FINANCE Wednesday, 4 September 2019 14:08

PNG-UBS Loan Inquiry Cost to Triple

The inquiry into a A$1.2 billion ($847 million) loan issued by UBS to the country's previous government  will start on September 17. 

FINANCE Wednesday, 4 September 2019 12:13

Nearly 70 Percent of Singaporeans Registered to National E-Payment System

Singapore’s national e-payment system, «PayNow», currently boasts a nearly 70 percent penetration of the city-state’s population with monthly volumes exceeding S$1 billion, an MAS board member recently shared with parliament. 

FINANCE Wednesday, 4 September 2019 11:00

Credit Suisse Hires Ex-UBS Impact Investing Head

Credit Suisse continues to demonstrate commitment to impact investing and sustainable finance evidenced by the recent hire of three industry veterans for newly created roles, including a head of impact advisory based in Singapore.

FINANCE Wednesday, 4 September 2019 10:23

Digital Contenders «Unlikely to Threaten» Singapore's Big 3

As the digital banking industry takes shape, new entrants are expected to challenge established players for market share but Singapore's «Big 3» banks will likely continue their dominance, according to a Fitch report.

FINANCE Wednesday, 4 September 2019 09:29

StanChart Inks Fintech Tie-Up

Digitalization in trade finance continues to gain momentum in Asia with Standard Chartered adding another industry milestone, partnering with tech firm Traydstream to leverage their trade document matching service capabilities.

FINANCE Wednesday, 4 September 2019 08:54

Canopy Adds New Multi-Family Office Client

Data aggregation fintech firm Canopy signs a partnership with Corecam Family Office which will fully integrate the solution in the fourth quarter of 2019.

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