Technology Solutions in Asia Wealth Management
Those interested in Asia wealth management face different challenges at different times. Therefore the only way you can dodge such volatility and pros…
China’s central bank is drawing inflows to bond market
China’s central bank said recently that it would remove key barriers to the bond connect scheme in the coming months, making it easier for foreign inv…
Western Union Business Services are setting their eyes on Asia
Despite being 167 years old and spanning the globe with outposts in most countries, Western Union thinks of itself as a fintech company, according to the top executive of its corporate solutions unit in Asia.
Svend Janssen, the head of Asia for We…
Hong Kong virtual banking is on the rise
The Hong Kong Monetary Authority said earlier this month that it had received 29 applications for the first batch of virtual bank licences, with the a…
Renewable energy investment in Asia-Pacific is booming
Renewable energy investment is booming in Asia-Pacific, accounting for 47% of worldwide new investment in the sector. And the region could see up to 250 billion USD in new investment on utility scale renewables projects until 2025, according to a new report from PwC. With declining input costs and f…
China is becoming the market with the most investment value
Shares listed in China on October 19th rallied the most in over two months after the country’s vice-premier, central bank governor and various financial regulatory institutions stepped in to help regulate the stock market shift.The benchmark Shanghai Composite Index increased by 2.6%, or 64.05 point…
Hong Kong’s banking giants prepare for a cashless era
Hong Kong’s leading lenders are locking horns in a battle royal for new digital payment customers, after the authorities launched their ambitious “Faster Payment System” last weekend, which now allows the transfer of money and bill payments using the swipe of a quick response (QR) code on their mobi…
HSBC considering listing shares in China as London-Shanghai stock link looms
HSBC Holdings has begun revisiting a plan to list its shares on the mainland, putting it on track to become first foreign company to issue depository receipts on the mainland under the scheme that links the Shanghai and London stock exchanges.The biggest lender in Hong Kong and Europe said in a stat…
China markets quickly rebound after a turbulent morning
Stocks in Asia were mixed on Friday October 19th after China's GDP growth for the third quarter of 2018 came in below expectations.After a turbulent morning, Greater China markets rebounded strongly, following a series of measures by China's securities regulator to support the struggling stock marke…
Asia is leading global the charge in growth of renewable energy
China and India are the key sites of growthIn 2017, Asia accounted for nearly two-thirds of the worldwide increase in renewable energy generating capacity, according to a report published in April by the International Renewable Energy Agency.As the economies of Asia develop, demand for energy is ris…