Tuesday, 7 October 2025

FINANCE Tuesday, 6 October 2015 14:56

East Asia Pacific Growth To Moderate Says World Bank

East Asia remains one of the main growth drivers of the world economy, accounting for nearly two-fifths of global economic growth, according to a new World Bank report. Overall, the region is expected to grow 6.5 percent in 2015, moderating slightly from 6.8...

FINANCE Tuesday, 6 October 2015 14:55

National Australia Bank Joins Forces With Startup Trailblazers

National Australia Bank (NAB) has now become a major supporter of Australia’s largest startup space, home to 176 startups, Fishburners. Executive General Manager NAB Labs, Jon Davey, said the partnership is an important step for NAB to learn and partner with...

FINANCE Tuesday, 6 October 2015 14:53

Warhol’s Mao At Sotheby’s - Estimated Price $40 Million

Currently on view in Hong Kong Andy Warhol’s Mao will come up for sale on the 11th of November. The work which is one of the most important of the series remaining in private hands is estimated to fetch in the region of $40 million. Created in 1972 the large 82 x...

FINANCE Tuesday, 6 October 2015 14:48

Professional Moves Round Up – Tuesday 6th October

Here is our round up of senior professional moves across the region for the first few days of October. Citibank Singapore (Citibank) announced that Sherry Leong has been appointed Head of Secured Finance Solutions for Singapore with immediate effect. Ms Leong...

FINANCE Monday, 5 October 2015 21:25

Aspirational, Ambitious And Highly Confident: Standard Chartered Report On The Emerging Affluent

The emerging affluent across Asia and Africa are confident about their market’s growth prospects, expect their incomes to rise, have clear spending plans, and are highly confident in achieving their long-term wealth goal, finds a new independent study...

FINANCE Monday, 5 October 2015 17:09

Complete restructuring in store for Credit Suisse

The reorganization of Credit Suisse is expected to proceed as predicted. CEO Tidjane Thiam will seize the moment to boost the share price. The most important man in Asia is someone already tipped by finews.ch.

FINANCE Monday, 5 October 2015 15:22

EXCLUSIVE INTERVIEW: Singapore – Building Asia’s Leading Hub For Investment Management

The Investment Management Association of Singapore (IMAS) is a representative body of investment managers spearheading the development of the industry in Singapore; it was formed in September 1997. IMAS fosters high standards of professionalism and promotes...

FINANCE Monday, 5 October 2015 15:21

Major Japanese Finance Groups Jump Into Fintech

Yet more banks, this time in Japan, are dipping their toes into the fintech startup waters in an effort to keep up to speed with the rapid pace of financial technology advances. Sumitomo Mitsui Banking Corporation and Sumitomo Mitsui Financial Group have...

FINANCE Monday, 5 October 2015 15:20

China’s Largest Commercial Real Estate Firm To Close New York Office

Reports out of New York over the weekend have claimed that the Dalian Wanda Group, China’s largest commercial real estate developer, is to shutter its New York office by the end of November and will run its U.S. operations from Beijing. Wanda has been running its...

FINANCE Monday, 5 October 2015 15:19

Ashurst Strengthens Asia Pacific Debt Capital Markets Practice

International law firm Ashurst has strengthened its debt capital markets team with the appointment of Jini Lee as a partner in its Hong Kong-based Securities and Derivatives Group. Joining from Linklaters, Lee has wide-ranging international capital markets...

FINANCE Saturday, 3 October 2015 16:14

China’s Gemdale Partners With La Terra For Los Angeles Project

Gemdale Properties and Investments, a subsidiary of Gemdale Corporation, one of China’s largest blue chip real estate developers, is making its first investment in Los Angeles in partnership with LaTerra Development, a Los Angeles-based developer. Gemdale and...

FINANCE Saturday, 3 October 2015 16:13

Pictet Asset Management Launches Robotics Fund

Pictet Asset Management, a pioneer in thematic investing, has announced the launch of Pictet-Robotics, one of the first funds of its kind to invest in robotics and artificial intelligence technologies. A Luxembourg Sicav, the fund aims to capitalise on the growth...

FINANCE Saturday, 3 October 2015 16:12

China’s Hotel Market Outlook Optimistic In Medium To Long Term

Global real estate and services firm Knight Frank has published the Greater China Hotel Report. The report provides an in-depth analysis of China and the greater China region’s hotel market and forecasts. In the past year, the main driver of growth for China’s...

FINANCE Saturday, 3 October 2015 16:11

Mercer Appointed As Consulting Partner By PSIA Philippines

Mercer a global consulting firm covering talent, health, retirement and investments and The Philippine Software Industry Association (PSIA) today announced that they have signed an agreement to have Mercer become PSIA’s consulting partner for talent initiatives...

FINANCE Friday, 2 October 2015 14:53

Japanese Firms Integrating To Create One Of Asia’s Largest Asset Managers With ¥54 Trillion AUM

Mizuho Financial Group Inc. and Dai-ichi Life Insurance Co. have said they will set up a new company to integrate their asset management services. With ¥54 trillion in assets under management, it will be one of the biggest such firms in Asia. With a view to...

FINANCE Friday, 2 October 2015 14:52

AIA Australia Appoints Chief Group Insurance Officer

Life insurer AIA Australia announced the appointment of Stephanie Phillips to the role of Chief Group Insurance Officer, responsible for distribution, product, pricing and operations across Australia. Ms Phillips has been acting in the role since June. Stephanie...

FINANCE Friday, 2 October 2015 14:51

Barclays Appoints New Asia-Pacific GC

Barclays has appointed Rachel Huf as its Asia-Pacific general counsel (GC) following Simon Croxfrod's relocation to London earlier in the year. Croxford was recalled back to the UK in April to take on the role of general counsel for Europe and Middle East or the...

FINANCE Friday, 2 October 2015 14:49

Zurich And Nexus Embark On New Financial Advisory Model In Singapore

Zurich Life Insurance (Singapore) Pte. Ltd has announced that it will be embarking on a new distribution model to deliver services to customers in Singapore by transferring Zurich’s appointed financial representatives to Nexus Financial Services Pte Ltd, which...

FINANCE Thursday, 1 October 2015 22:25

A new finance community emerges

The Swiss asset management platform E-Merging is celebrating a happy occasion. Bought free from the Geneva private bank Lombard Odier, the network is starting afresh with a new concept, according to research by finews.ch.

FINANCE Thursday, 1 October 2015 15:03

Shayne Elliott To Succeed Mike Smith As ANZ CEO

The Board of ANZ today announced that Shayne Elliott will become Chief Executive Officer and join the Board on 1 January 2016 succeeding Mike Smith. Mr Elliott, 51, is currently ANZ’s Chief Financial Officer responsible for all aspects of Finance as well as Group...

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