Friday, 1 May 2026

FINANCE Wednesday, 21 October 2020 16:13

HSBC Survey Names Singapore Issuers as Smart City Leader

Both issuers and investors in Singapore are poised to lead efforts in sustainable infrastructure investments, according to an HSBC survey, which has seen further acceleration from the pandemic.

FINANCE Wednesday, 21 October 2020 15:05

BCA: Hong Kong En Route to «Cataclysmic Recession»

Canadian research and investment advisory firm BCA Research noted that Hong Kong’s private non-financial companies topped a 32-country list by debt service ratio with potential for a «cataclysmic recession».

ADVERTORIAL Wednesday, 21 October 2020 14:52

Challenges And Opportunities In The Intermediary Business

New regulations and declining margins are currently shaping the intermediary business. A proactive and customer-oriented attitude helps to successfully meet these challenges.

FINANCE Wednesday, 21 October 2020 12:19

UBS Shares: Ready for Takeoff?

It is one of the many ironies of history that UBS stock should surge right at the moment when veteran CEO Sergio Ermotti is stepping down. Has the departing banker been successful in planting the seeds for a return of fortune?

FINANCE Wednesday, 21 October 2020 11:18

Hedge Fund Billionaire Makes Splash for Sustainability in Singapore

Billionaire investor Ray Dalio will make a $25 million grant to Singapore’s Wealth Management Institute to launch a program focused on sustainable investing.

FINANCE Wednesday, 21 October 2020 10:23

China’s Digital Yuan Trial Receives Mixed User Reviews

Following a giveaway of 10 million yuan in digital currency for a trial in Shenzhen, users gave mixed reviews about their experience and thoughts on future adoption.

FINANCE Tuesday, 20 October 2020 19:18

UBS Writes Off Millions for Fraud Case

The bank took a hefty write-down in the third quarter, off the back of a trade finance fraud case.

FINANCE Tuesday, 20 October 2020 17:36

Clifford Chance Names Private Funds Specialist to Global Board

The head of the firm's Singapore office will have a remit to lead Clifford Chance's global focus on financial investors, such as private equity firms and asset managers.

HIGH-END Tuesday, 20 October 2020 16:55

Hurun: «Never Seen This Much Wealth Created in Just One Year»

China’s billionaires have shrugged off the economically crippling effects of the pandemic, creating $1.5 trillion in new wealth – more than the past five years combined.

FINANCE Tuesday, 20 October 2020 16:32

Line Launches «Social Banking» Platform in Thailand

Thailand is the first market where Line has integrated banking services on its main mobile platform. 

FINANCE Tuesday, 20 October 2020 16:07

Quintet Hires for Asia Push

The Luxembourg-based private bank owned by the Al-Thani family of Qatar has made a senior appointment at its Swiss office to help the firm build a high-quality team of client advisors covering Asia.

FINANCE Tuesday, 20 October 2020 15:32

HKMA Unveils Reporting Requirements Under Security Law

The Hong Kong Monetary Authority released more guidance on how banks can comply with the national security law in the city, specifically with regards to reporting requirements.

FINANCE Tuesday, 20 October 2020 13:31

Sergio Ermotti Doubles Profits and Bows Out

In his last month as UBS’s chief executive, Sergio Ermotti delivered a 99 percent spike in net profits before handing it over to successor and ex-ING head Ralph Hamers.

HIGH-END Tuesday, 20 October 2020 12:57

Billionaire James Dyson Sells Singapore Penthouse

The 21,109 square foot super-penthouse was purchased last year by Dyson, the U.K.’s richest man, for a record S$73.8 million ($54.38 million).

FINANCE Tuesday, 20 October 2020 12:35

Financiers Stay Mum on Chinese Ambassador’s Warning

In response to a finews.asia inquiry, Canadian financiers stayed quiet about the chilling remarks recently made by a Chinese envoy about the «good health and safety» of companies and 300,000 nationals from the North American country.

FINANCE Tuesday, 20 October 2020 12:01

Sembcorp Inks SORA-Based Loan

The loan from OCBC Bank follows its issuance of the first corporate SORA loan to CapitaLand in June, and the introduction of the first SORA-based retail home loan in July.

FINANCE Tuesday, 20 October 2020 10:37

Federated Hermes Grows Regional Presence

The responsible investment firm is bolstering its distribution team to meet the increasing demand in Asia Pacific for its investment and engagement capabilities.

REAL ASSETS Tuesday, 20 October 2020 09:44

Asia’s Top London Homebuyer: Hong Kongers

Asia Pacific buyers dominated London luxury home sales to foreigners with Hong Kongers topping the regional list, according to Knight Frank data, in the midst of political unrest.

FINANCE Monday, 19 October 2020 22:26

Edmond de Rothschild Faces Fraud Suit

A Russian businessman accuses Swiss bank Edmond de Rothschild to have defrauded him of $100 million through a dubious transaction. The case has been filed with a court in New York.

PEOPLE Monday, 19 October 2020 20:02

UBS as Training Ground for Female Executives

Schwyzer Kantonalbank, one of the plethora of Swiss cantonal, or state, banks, has appointed a new female CEO. She joins the bank from banking giant UBS. The switch away from the big firm is not a first.

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