News
ING receives bids for its Asia, Switzerland assets
The transaction aims to help ING pay its US$14.25 billion debt from the Dutch government.
ING receives bids for its Asia, Switzerland assets
The transaction aims to help ING pay its US$14.25 billion debt from the Dutch government.
Fund managers bullish on APAC equities in 3Q09
Nine out of 10 fund managers polled in HSBC’s quarterly Fund Managers Survey are holding a positive view on Asia-Pacific ex-Japan equities in the third quarter of 2009, up from 45 per cent in 2Q09.
Stanchart launches Private Banking in Taiwan
With high net worth individuals set to double by 2012, Stanchart wants to double its AUM.
Public Bank provides access to BRIC equities
Public Bank is launching the PB Templeton BRIC, a structured investment product, offering investors the opportunity to capitalise on the growth potential of the Brazil, Russia, India and China economies.
ICBC credits new products for increased incomes
ICBC introduced 320 varieties of new financial products during the first half of this year to increase its incomes in investment banking, debt financing tool underwriting and corporate financing.
Nomura becomes primary dealer in India
Nomura Fixed Income Securities Private Ltd has been granted a Primary Dealer license by the Reserve Bank of India, becoming Nomura's flagship entity in India to pursue trading and activities in the Indian fixed income market.
FTSE ST Index Series results to be out on 10 Sept
Singapore Exchange Limited, along with FTSE Group and Singapore Press Holdings, will announce the results of the half-yearly review of the constituents of the Straits Times Index and 20 other indices in the FTSE ST Index Series after market close on Thursday, 10 September 2009.
ING rebalances hedge portfolio for employee options
ING Groep N.V. has sold 1,450,000 (depositary receipts for) ordinary shares for its delta hedge portfolio, which is used to hedge employee options. The shares were sold in the open market on 1 September and 2 September at an average price of EUR 10.53 per share.
HLB launches new insurance plan
Hong Leong Bank has launched Hong Leong Endowment Plus, a new insurance plan that pays customers a guaranteed cash payment of 5% and potentially an additional 2% of the sum assured on an annual basis. The cash payment will start from the end of 5th year if the premium payment period is 5 years, or end of 8th year for 8 years of payment. An eligible customer can choose to be covered up until 25 years.
RHB Global Fortune Fund's distribution yield at 2.8%
RHB Investment Management Sdn Bhd (RHBIM) has declared an interim income distribution of 0.8000 sen net per unit for the RHB Global Fortune Fund.
Deutsche Bank lists first money market ETF on SGX
Deutsche Bank and Singapore Exchange Limited launched Asia’s first money market ETF on SGX--the db x-trackers US Dollar Money Market ETF. db x-trackers is Deutsche Bank’s Exchange Traded Funds business.
CIMB says its time to invest in Asian equities
The Asian economic uptrend makes Asian equities attractive, says CIMB as it calls upon investors to take advantage of the Asian recovery.
HSBC launches four new MPF funds
HSBC is expanding its ten-fund SuperTrust Plus scheme with the launch of four new MPF funds as member choice is introduced in Hong Kong, allowing MPF members to choose a service provider for employees' mandatory contributions.
Investment expert talks to Public Bank customers
It was a much-coveted opportunity for valued customers of Public Bank to hear from Dr Mark Mobius, the world-renowned investment expert on his views of opportunities in the emerging markets. The response to the talk was overwhelming with customers coming from as far as East Malaysia, as Dr. Mobius's reputation precedes him.
HSBC offers investment choices via new plan
HSBC has launched WealthInvest Insurance Plan, an all-in-one investment-linked insurance plan, in response to customer demand for greater simplicity, flexibility and control to manage their medium to long-term financial goals.
Hang Seng first to dual-list Hong Kong ETFs in Taiwan
Two Hang Seng exchange-traded funds, Hang Seng Index ETF and Hang Seng H-Share Index ETF, became the first Hong Kong ETFs to dual-list in Taiwan.
BEA expands in Taiwan via wealth management
The Bank of East Asia opened BEA Wealth Management Taiwan, its newly-formed and wholly-owned wealth management services subsidiary in Taiwan.
