Vanda Dendrobium, The First Hypercar From Singapore
Singapore is one of the most important markets for supercar makers, yet until now, its residents had to look beyond the city-state’s borders when shopping for a serious performance car. However, all of that is about to change with the first Singaporean e-supercar – January 30 / Luxuo.com
Goldman Sachs Files Billion Lawsuit Against an Indonesian Businessman
Goldman Sachs filed a $1 billion counter lawsuit on Tuesday against an Indonesian businessman who is seeking damages from the U.S. bank for conducting what he called «unlawful» trades in the shares of a property firm. – January 24 / Reuters
Hong Kong Named Most Expensive Housing Market in The World For Seventh Straight Year
Hong Kong has retained its ranking as the least affordable city in the world to buy a home, with average flat prices standing at 18.1 times gross annual median income, according to US- based Demographia. – January 23 / South China Morning Post
Alibaba Group Discusses Joint Venture With Russia’s Sberbank
Sberbank, Russia’s national savings bank, and China’s Alibaba Group are discussing the creation of a joint venture that would integrate Alibaba’s existing cross-border e-commerce businesses in Russia and neighboring countries, including B2C marketplace AliExpress.ru. – January 22 / DealstreetAsia
The CLSA Feng Shui Index is a Quirky Annual Forecast for Hong Kong’s Hang Seng Index.
CLSA's (Credit Lyonnais Securities Asia) Feng Shui Index is a tongue-in-cheek play on the influences of the Chinese Zodiac on the Hang Seng and is purely for entertainment purposes. – January 19 / South China Morning Post
Tidjane Thiam Believes Banks Will Bounce Back in 2017
European lenders are facing challenges in 2017, though Credit Suisse's CEO sees markets and conditions improving. – January 18 / Finance Magnates
Morgan Stanley Looks to Tech Industry to Improve Wealth Management
Morgan Stanley inked deals with 10 technology outfits in 2016 to improve the products and services it offers wealth-management customers. – January 18 / Fortune
Trying to Solve the Compliance Conundrum
A survey ahead of Hubbis' 5th annual Compliance in Asian Wealth Management Forum 2017 in Singapore reveals the impact of the overlapping regulatory and compliance demands on institutions across all segments of the industry - but highlights some practical ways to address these in a more effective and less time-consuming way. – January 18 / Hubbis
Inside The Luxury World’s Commission Culture
Paying guides ‘kickbacks’ is one way brands attract wealthy Chinese tourists. Typically, tour guides and their agencies broker deals with luxury retailers, a top-performing Chinese tour guide can earn 250,000 pounds a year. – January 15 / Financial Times
Japan's Richest Man Tadashi Yanai Loses $1.4 billion in a Single Day
Japan’s richest man, Tadashi Yanai, lost $1.4billion in a single day on Friday after his company Fast Retailing, which owns Uniqlo, saw its shares crash by 6.7 per cent. – January 10 / The Independent
Seven Tricks to Help You Look Perfect in Photographs
Many people are convinced that they always look terrible in photographs, and therefore do everything they can to avoid going in front of the camera lens. But few know that, in actual fact, producing successful photographs is merely a question of finding the right pose. – January 9 / Bright Side
Ten Reasons to Bet Your Money on AI
Artificial Intelligence (AI) is all the rave this year. If you didn’t know this already, Artificial Intelligence is the ability of machines or computers to emulate human thinking or decision making. Banking on this trend, here are 10 trends that show how artificial intelligence will help to power the consumer journey in 2017, driving engagement opportunities and effectiveness for marketers. – January 8 / Marketing Interactive
Beyond Robo-Advisers: How AI Could Rewire Wealth Management
Asked if a computer will ever be able to give better investment advice than a human, Oliver Bussmann does not hesitate. «I believe it's possible,» said Bussmann, who until March was the chief information officer of UBS. – January 7 / American Banker
What Will APAC Banks Be Up to in 2017?What Will APAC Banks Be Up to in 2017?
With the start of a new year, let us take a look at the notable trends in the banking industry last year, as well as the trends and innovations to look out for in 2017. – January 6 / MIS Asia
A Chart That Would Make Singapore’s Banks HappyA Chart That Would Make Singapore’s Banks Happy
Singapore’s stock market has three listed domestic banks: DBS, OCBC and UOB. The trio make the bulk of their money from the difference in the interest rates that they charge borrowers and the deposit rate that they pay to savers. This characteristic is what would make Singapore’s banks happy to see the following chart... – January 6 / The Motley Fool
The Charismatic Banker Who Led Singapore's BSI Into the Abyss
He was the leader of one of the largest mass defections in private banking history, with more than 100 staff following him from RBS Coutts Bank Ltd. in the thick of the global credit crisis to create a financial phenomenon in Singapore at a little-known Swiss bank. – January 6 / Bloomberg
Urbanization to Unleash China's Growth PotentialUrbanization to Unleash China's Growth Potential
China's urbanization drive will boost domestic consumption and investment in the future, analysts have said. The country aims to add 100 million urban residents during 2016 to 2020, while enabling 100 million rural residents to live in towns and cities in central and western regions. – January 3 / Xinhua
Money, Markets & Mayhem: What to Expect in the Year Ahead
If you thought 2016 was full of market maelstroms and geopolitical gotchas, 2017's 'known unknowns' suggest a year of more mayhem awaits... Here's a selection of key events in the year ahead. – January 1 / ZeroHedge