03/16/2012
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
Is China broadening its interest into white wine?
Figures from Vinexpo and seen by The Drinks Business, show that by 2015 white wine consumption in China could grow by a further 70 per cent.
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
02/20/2012
Qatar’s Sovereign Wealth Fund Buys Credit Suisse’s London Office Building
The Daily Telegraph reported last month that the sale-and- leaseback deal was valued at about 330 million pounds ($523 million). The newspaper didn’t cite anyone.
02/15/2012
Abu Dhabi fund eyes sale of $1.3 bln Malaysia bank stake - sources
The fund had engaged in early talks with Japan's Sumitomo Mitsui Banking Corp (SMBC), they said.
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'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.
01/29/2012
Qatar wealth fund snaps up prime Canary Wharf property
The wealth fund is Credit Suisse’s second biggest shareholder, with a six percent stake.
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
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
01/26/2012
Islamic financing is one of the fastest growing segments of the global financial services industry worldwide.
01/24/2012
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
01/22/2012
Overall, the report found that the total number of billionaires around the world has increased from 1,100 in 2007 to 1,340 today.
01/16/2012
Saudi Hollandi’s profit gained “because of a decrease in operating expenses,” the bank said in the statement. Fourth- quarter operating profit rose 4.1 percent to 504 million riyals.
01/16/2012
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
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
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
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
01/04/2012
The division, which services a geographically diverse base of emerging market institutional investors, has consistently won accolades for promoting trading on Muscat Securities Market (MSM) and is reckoned the broker of first choice among foreign institut
01/03/2012
In 2011, Chinese bought more Lamborghinis and Rolls-Royces than anybody else in the world. In time for Chinese New Year this month, Rolls is unveiling a "Year of the Dragon" model with hand-embroidered versions of mythical animals on leather hea