Gold from Hong Kong is making its way to other havens – including Singapore and Switzerland. The move highlights fears that the Chinese territory is no longer an offshore center.
Sun Life appoints a chief executive for Singapore where it recently acquired a license and launched a branch to target the life insurance needs of high net worth individuals.
The Shanghai Stock Exchange names a former China Securities Regulatory Commission official as its new president.
Investors who listen to their gut instinct are in the minority – but they are successful: emotional investors are more willing to take risks, generating higher returns in 2019 and digest crises better than rational investors. These are some of the findings of the...
Advancements are often initially dismissed as being too expensive to realize. We need to learn from past mistakes, Lars Jaeger writes in an essay for finews.first.
Australian technology payment company Assembly Payments has appointed its new co-CEOs, as the firm plans to grow its presence across Europe and Asia.
China’s «big four» state-owned banks – Bank of China, CCB, ICBC and the Agriculture Bank of China – have launched internal testing of what could become the world’s first sovereign digital currency.
Shenzhen will seek to expand its financial sector in a comprehensive plan that could see an inflow of Hong Kong-based financial institutions.
The firm's real estate investment arm has acquired the ¥39 billion ($369 million) Tokyo logistics facility in a joint venture with fund manager ESR.
Swiss voters in November 2020 will have their say on a proposed law to make companies liable for human rights abuses that occur in connection with their activities abroad. This could also apply to the case of Hong Kong.
The wariness among traders about the huge and important asset class has reached a new level. A bank with a history going back a long way has now taken a decisive step.
A director of Citadelle Corporate Services has been charged for falsifying letters related to Wirecard.
The coronavirus crisis is bringing old-fashioned hand-holding of UBS' wealthy clientele wealthy back into focus, over snazzy digital tools.
DBS Private Bank has appointed a successor to Piere DeGagne, the former head of fund selection and advisory who is leaving the bank.
The bank recorded a decline that was steeper than predicted by analysts, owing to soaring provisions for loan losses and shrinking lending income during the Covid-19 pandemic.
A group of the most heavyweight regulators in the U.S. have «unanimously» recommended tougher exchange rules that when broken could lead to delistings, specifically underlining companies from opaque nations like China.
The regulator has announced several initiatives to support the adoption of the Singapore Overnight Rate Average (SORA) as a floating rate benchmark.
She joins recently appointed non-executive directors Michelle Tredenick and Richard Wastcoat, bringing the total number of independent directors at the firm to three.
U.S. President Donald Trump claimed that bourse success in Hong Kong will see its end as Washington seeks to take back business.
People in emerging markets and the young (18–34 years old) are more confident in their digital skills and are willing to adapt their approach to work post-pandemic.
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