News

More foreign investment in Korean bonds expected: HSBC

A recent Moody's and Fitch upgrade that showed Korean assets as "safe and liquid" will cause to attract more foreign investments, according to HSBC Holdings.

More foreign investment in Korean bonds expected: HSBC

A recent Moody's and Fitch upgrade that showed Korean assets as "safe and liquid" will cause to attract more foreign investments, according to HSBC Holdings.

Nomura overseas units to be profitable in 2014: CEO

Nomura Holdings' new CEO plans to make overseas operations profitable by June 2014.

Mitsubishi UFJ pushes new trust product

Mitsubishi UFJ Trust and Banking Corp. hopes to boost sales of a new trust product designed for domestic firms with overseas offices.

ASM Investment to be fully Syariah-compliant

ASM Investment Services will convert all of its seven conventional funds into syariah-compliant.

NongHyup Bank issues $500M in dollar bonds

NongHyup Bank successfully floated dollar bonds worth US$500 million.

Fubon Financial suffers drop in net income

Fubon Financial Holding's net income in August went down 67.99 percent from July at NT$2.25 billion or US$75.4 million.

PNB Group to focus on financial Performances

Permodalan Nasional Bhd will continue to strengthen efforts to improve their financial performances.

Nomura sets sight on Asia

Nomura Holdings may buy an Asian investment bank or broker to tap the region’s economic growth and increasing number of affluent people.

Nomura tempers cost cutting in Europe

Nomura will reduced its cost cutting for Europe, where it lost the most money last year.

Japanese investors to face more losses

Japanese institutional investors face unprecedented losses from interest-rate swings due to the country'sgrowing debt and end more than a decade of deflation.

Sumitomo Mitsui Trust to double assets in property unit

Sumitomo Mitsui Trust Real Estate Investment Management Co. plans to increase its assets from around ¥225.8 billion to ¥500 billion within two years.

Japanese trust banks told to monitor investment managers

Japan's trust banks were told by the Financial Services Agency to monitor investment managers and toughen penalties against them for illegal practices.

OSK-RHB merger to be completed by Q1 2013

The merger between OSK Holdings Bhd's investment banking arm and RHB Capital Bhd is expected to be completed by the first quarter of 2013.

Korean firms' equity financing hits 12-year low

Financing of South Korean firms through initial public offerings and rights offerings tumbled to the lowest mark in 12 years.

Thai banks promote fund products to bondholders

Thai Banks will promote deposit and fund products with attractive returns to holders of 10-year savings bonds worth Bt200 billion.

OSK-UOB sees good market for new fund

OSK-UOB is confident that its Enhanced OSK-UOB Focus Bond Fund will provide stable and regular dividend income.

Chinatrust board okays Truswell acquisition

The board of Chinatrust Financial gave its go-ahead to acquire a 98.6 percent stake in Truswell Investment for NT$466 million or US$15.6 million.