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Tuesday, 7 October 2025
Tuesday, 7 October 2025

FINANCE Tuesday, 25 August 2015 15:22

Indonesian Conglomerate Acquires 9.9 Percent Stake In Saxo Bank

The co-founders of Saxo Bank, Kim Fournais and Lars Seier Christensen and some minority shareholders have sold a combined stake of 9.9 per cent of Saxo Bank to Sinar Mas Group, one of the largest business Groups in Indonesia, creating an opportunity to strengthen...

 FINANCE Tuesday, 25 August 2015 15:21

DBS Accelerator Holds Speed Dating Session For Fintech Startups

Three weeks into DBS Accelerator, a collaboration between the Hong Kong office of DBS Bank and incubator Nest, the programme’s 10 startups participated in a “speed dating” session to connect with DBS HK executives for direct access to the bank’s mentorship...

 FINANCE Tuesday, 25 August 2015 15:19

Beijing-Macau Strengthen Anti Money Laundering Measures

The Chinese central bank has said it has signed a pact with the financial regulators of Macau on anti-money laundering cooperation. A memorandum of understanding to “prevent money laundering and terrorist financing activities” was signed with the Monetary...

 FINANCE Tuesday, 25 August 2015 15:17

Bank Disruptor In Series-A Investment Funding

Singaporean P2P lending startup Capital Match Holdings Pte. Ltd. has announced it has raised S$1 million in its Series-A round of venture financing. The round was led by Innosight Ventures and included previous investors Crystal Horse Investments and CE-Tech...

 FINANCE Monday, 24 August 2015 14:48

The Changing Face Of ASEAN Wealth Management

Labuan International Business and Financial Centre (Labuan IBFC), a special economic zone located off the north west coast of Borneo, Malaysia, hosted a lively roundtable debate on the future of wealth management in Singapore recently. Titled “ASEAN Wealth...

 FINANCE Monday, 24 August 2015 14:47

APAC People Moves - Monday 24th August

A summary of professional moves around the APAC region since our last briefing on the 19th August. Liechtenstein private bank LGT has hired a relationship manager to its non-resident Indian (NRI) team in Hong Kong with the addition of a former UBS private banker...

 FINANCE Monday, 24 August 2015 14:45

Leading Asian Bank In Business Cooperation With Kenya Investment Authority

With the domestic economy still sluggish and a shrinking population limiting long term growth Mizuho Bank, Ltd have signed a memorandum of understanding for business cooperation with the Kenya Investment Authority (KenInvest). This is the first MoU that KenInvest...

 FINANCE Saturday, 22 August 2015 16:33

Number Of Australians Using Mobile Or Tablet To Bank Triples In 3 Years

In three years, the number of Australians doing “mobile-only banking” has tripled. This means they do not use any other banking channel, such as website, branches, adviser/banker or the telephone, to deal with their bank. The findings come from a new report...

 FINANCE Saturday, 22 August 2015 16:31

Auction Season Is Back With Three Exceptional Asian Wine Collections

With the summer lull almost over the region will soon be welcoming back the sound of the hammer closing out bids. However after some record breaking auction results earlier in the year across many specilaist collectable classes, will the appetite for acquisition...

 FINANCE Saturday, 22 August 2015 16:30

Ferrari Dominates Pebble Beach Auctions

There has been strong talk this year of one of Asia’s financial hubs hosting an annual or semi annual auction event similar to the well established Carmel/Pebble Beach event. Classic cars as investments have been gaining popularity across Asia as an attractive...

 FINANCE Saturday, 22 August 2015 16:28

UBS To Partner With Annie Leibovitz On Global Exhibition Tour

UBS have announced an international tour of newly commissioned photographs by world-renowned photographer Annie Leibovitz focusing on portraits of women. Launching in London in January 2016, the exhibition will travel to 10 global cities in 12 months. Host cities...

 FINANCE Friday, 21 August 2015 22:18

Chinese Growth Engine Stalls – More Easing To Come?

China's giant manufacturing sector has fallen to a six and a half year low, a decline that will further distress global markets which are already edgy about slowing growth in the world's second biggest economy. The Flash Caixin Purchasing Managers Index for...

 FINANCE Friday, 21 August 2015 22:17

London Most Favored City For Asian Investors, US Top Country, In H1 2015

Outbound investment in standing assets by Asian investors continues its steady momentum, with quarter-on-quarter growth in Q2 2015 at 8.9%, amounting to US$10 billion in capital flows. This brings overall Asian outbound investment in H1 2015 to US$19 billion...

 FINANCE Friday, 21 August 2015 22:16

Japan-Taiwan Trading Link Takes Another Step Forward

The establishment of a stock-trading link between the two North Asian countries moved another step forward with the news that Taiwan's Fubon Asset Management Co is set to list exchange-trade funds tracking major indexes of the Tokyo Stock Exchange early next...

 FINANCE Friday, 21 August 2015 22:15

Manulife Indonesia And Bank Mualamat Launch First Bancassurance Product

Manulife Indonesia and Bank Muamalat have announced the launch of Zafirah Save Link, a sharia-compliant, unit-linked plan, which is the first product launched under their Bancassurance brand “Zafirah”. The launch marks the beginning of a long-term strategic...

 FINANCE Friday, 21 August 2015 14:55

Wang Jianlin Overtakes Li Ka-Shing As Wealthiest Chinese

Acquisitive Dalian Wanda Property tycoon Wang Jianlin overtook Hong Kong's Li Ka-shing becoming the wealthiest Chinese, with a personal fortune of about US$42.6 billion, a new ranking said on Wednesday. According to the latest data from Hurun Research Institute,...

 FINANCE Friday, 21 August 2015 14:54

ANZ CEO Calls For Tax Reforms

Reforms to address the tax bias against dividends from offshore profits could have a billion dollar annual benefit for the Australian economy according to a new report launched by ANZ. Winning the Away Game: Australia-based Global Companies and the Economy is the...

 FINANCE Friday, 21 August 2015 14:53

Phillips’ International Head Of Watches Appointed At New Asian Headquarters

Phillips has appointed the prominent watch specialist and leading authority in the field, Sam Hines, as International Head of Watches. Sam will be heading the global team of Watch Specialists from Phillips’ recently opened Asian Headquarters in the Landmark...

 FINANCE Friday, 21 August 2015 14:51

OECD - Increasing Tax Revenues Crucial To Development In Emerging Asia

According to a new report from the OECD increasing tax revenues and ensuring sustainable domestic resource mobilisation will be critical as emerging Asian economies seek to boost the provision of public goods and services and improve economic growth and living...

 FINANCE Thursday, 20 August 2015 15:24

Hong Kong And Italy Sign Tax Agreement

Hong Kong and Italian tax authorities have moved closer by signing an agreement on the avoidance of double taxation and the prevention of fiscal evasion. The Secretary for Financial Services and the Treasury, Professor K C Chan, said, "Hong Kong has all along...

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