Investment NewsIt seems like Asia may be encountering a few too many IBs around at the moment, (15 altogether – nine bank-backed and six non-bank backed). But which ones are doing really well? Apparently the CIMB group has a lot to say for itself, having been described as “ambitious” in its attempts at becoming a...
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Stable Singapore Stakes Is it true that things (financially-speaking) are that good in Singapore these days? Is that what is making the area so attractive for hedge funds, financiers and investors? Indeed the answer should be a resounding yes. The country is for sure facilitating things for these financiers as “setting up shop” is...
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Are Asian Women Financially Savvy Today? Years ago the answer for sure would have been a resounding “no.” But today things are somewhat different. It seems that women in Asia (especially those married, 30+, in the workforce) know their won from their yen and their level of competence is likely to increase further “especially...
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Asia’s economy is a bit of a mess. Actually it's a big mess. And it doesn’t look like this situation is about to improve any time soon either. Inflation looks set to continue; capital flows are extremely volatile. But the fact that China has been trying to liberalize its currency exchange rate could be...
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A Japanese airline (a conglomeration of All Nippon Airways and ANA) will begin low cost domestic flights in November and services to China next year. According to the Civil Aviation Administration of China (CAAC) over 5 million passengers were transported during the Spring Festival through domestic carriers, organizing close to 40,000 flights to meet...
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Recent world events – New Zealand earthquake, Japan’s credit rating downgrade and continued Middle East and Libyan unrest – led to a significant drop in stock markets across Asia. For example, South Korea’s Kospi, the Nikkei 225 stock and Hong Kong’s Hang Seng index all plummeted around 2 percent. As well, Japan had...
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Stock markets and oil prices in Asia recently saw an increase, indicating the demand for the latter could be improving. As well, makers of electronics increased between 0.9 and 2.8 percent in Tokyo. IN Hong Kong the Hang Seng index rose 0.4 percent but South Korea’s Kospi index was “nearly flat.” While Australia’s S&P/ASX200...
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Smith Electric Vehicles owned by Tanfield Group is believed to be in advanced discussions with the Hong Kong government to provide the municipality with electric minibuses. It is known that Hong Kong has been actively pursuing electric vehicles for the city’s fleet. Hong Kong suffers from intense air quality issues, so it is hoped...
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In expectation of the increasing value of China’s currency, Manulife is launching several renminbi-based financial/insurance plans in Hong Kong. During the last five years, the RMB has increased twenty five percent against the dollar. Meanwhile, with China’s approval, Hong Kong has become the major offshore center for China’s currency. From January to November 2010,...
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UKI Systems has achieved quick acceptance for its recently released InspectaScanTM authentication device, said UKI Group CEO, Mr Anthony Dunlop. This accelerates the penetration of its Product Authentication and Anti-Counterfeiting solution in some of its markets. InspectaScanTM is the start of a new group of UKI anti-counterfeit scanning devices. “Our recent success stems in...
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