03/28/2012

China's sovereign wealth fund eyes investments in Ireland

A subsidiary of China's sovereign wealth fund yesterday signed a memorandum of understanding with Dublin's debt agency to explore investment opportunities in Ireland, but gave little detail on what it might be interested in.

03/16/2012

China wealth fund nears buying assets in Poland

Warsaw, looking for buyers for state assets, has recently reached out to Chinese players to bring funds to Poland, giving the Asian giant an opportunity to test the investment waters in the real economy in Europe.

02/23/2012

Asia CEOs Look to Europe for Takeovers: Citi

The number of deals the New York-based bank is working on involving Asian companies has jumped about 25 percent from a year ago, driven by clients seeking opportunities in Europe, Latin America, Africa and Canada, said Colin Banfield, Citigroup’s h

02/07/2012

Swiss Private Bank Charged in U.S. With Aiding Tax Evasion

The indictment follows charges filed Jan. 3 against three Wegelin bankers accused of conspiring to help U.S. clients hide more than $1.2 billion in assets from American tax authorities. Wegelin announced on Jan. 27 that it agreed to a sale to Switzerland&

02/06/2012

Dubai abandons $10bn debt restructuring

Dubai's government has walked away from the $10bn (£6.3bn) debt restructuring of one of its biggest conglomerates, leaving creditors, including the Royal Bank of Scotland (RBS), with exposure to potentially big losses.

01/26/2012

Enter the ‘Emperor of Indonesia’

On Saturday morning, at a Kuala Lumpur hotel coffee house together with two of Kamal's aides, I waited for the so-called trillionaire.

01/26/2012

Murphy Expects China to Lead Emerging Markets' Gains

Thomas Murphy, managing partner at Family Office Research & Management Ltd. in Sydney, a private wealth-management firm, talks about global stocks and his investment strategy. Murphy also discusses President Barack Obama's State of the Union addr

01/24/2012

The China Ripples – Emerging Asia Beckons

As much of the West continues to struggle with the lingering fallout of the Global Financial Crisis, and with low growth rates expected everywhere across the United States and most of Europe, getting growth back into multinational companies not already ex

01/16/2012

HSBC Expat survey result elates Palace

Earlier, the 2012 Index of Economic Freedom, published by The Wall Street Journal and The Heritage Foundation gave the Philippines a 57.1 score for economic freedom, making its economy the 107th freest in the 2012 Index. The score is 0.9 point higher than

01/12/2012

US may overtake China's rich in Rolls Royce race

The 107-year old brand, known for its Phantom and Ghost models, remains focused on China after selling more than 1,000 cars there last year, helping the mainland cruise past the U.S. for the first time in the brand's history.

01/12/2012

UBS: China may ease property curbs in 2012

The government in Decemner reiterated plans to maintain its curbs on the property market, a move that saw prices fall for the fourth consecutive month and housing values dropped in 60 out of 100 cities including the ten largest such as Shanghai and Beijin

01/04/2012

Secure Markets? Has the UAE's caution paid off?

Troubles in the eurozone, limbo in America’s economy, and the Arab Spring in the Middle East have contributed to investors’ decreased appetite for risk. Chairman and CEO of Permal Group, Isaac R Souede, speaks of about the current investment s