News
Union Bank partners with Belgian KBC Asset Management
Parties will invest $67mln for new mutual fund business targeted to launch in Q4 2010.
Union Bank partners with Belgian KBC Asset Management
Parties will invest $67mln for new mutual fund business targeted to launch in Q4 2010.
StanChart strengthening equities operations in Asia
Plans doubling its Hong Kong 40 research analysts and expand in South Korea and India.
SGX to offer Nikkei Dividend Index Futures
New index aimed to meet investor demand and highlights 20-yr partnership between SGX and Nikkei.
NUS launches Singapore Residential Price Index
SRPI will aid the analysis of price trends by offering a snap shot of the non-landed residential property market.
SMX to be launched in mid 2010
The Singapore Mercantile Exchange, the first Pan-Asian multi-product commodity derivatives exchange, will be launched in Singapore middle of this year.
Hang Seng enhances wealth management offerings
Hang Seng became the first bank in Hong Kong to set an RMB prime as the base rate for RMB finance.
New Hong Leong offer for EON Capital seen
Analyst said selection of 7 new directors can revive HLB's bid to acquire EON Cap.
HSBC eyes BoCom rights issue subscription
Move part of HSBC's plans to invest in China to capitalise on country’s 10.7% economic growth.
National Australia Bank positive on Axa acquisition
NAB believes regulator will favor its US$12mln bid for Axa takeover over rival's US$11mln offer.
StanChart to hire analysts for India, South Korea
Lender eyes doubling its number of stock analysts as it beefs up equity business in Asia.
CBA beefs up equity business with new hires
2 ex-Merrill Lynch professionals appointment was prompted by lender's successful hiring of 16 people from rivals.
Affin Bank mulls EON Cap takeover
Lender banks on improving financials and fundraising potential for bid despite criticized for being small.
Singapore Commodity Exchange to start trading gold
Singapore Exchange unit SICOM will begin trading its gold deferred settlement contract on 30 March 2010 to attract new investors.
SGX will offer Nifty options
Singapore Exchange has obtained licensing rights and expects to provide S&P CNX Nifty Index (Nifty) options and related products.
RHB partners with TM Asia Life for bancassurance
MoU gives bank 10-year right to sell insurer's plans while latter pays $30mln exclusivity fee.
HSBC earns US$1.4bln from Kangaroo bonds sale
Analysts believe improving lending conditions attracted Asia-Pacific investors as bank expands in the region.
Morgan Stanley approves CICC stake divestment
US bank just awaits China regulator's approval to complete sale of 34.3% stake in CICC.
