Managers of Wealth Offshore

BankMuscat wins Best Broker in Oman award by Global Investor

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

Chinese are up to speed with life in the fast lane

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

Temasek sets up subsidiary to tap North Asia firms

Singapore's state-linked investment giant Temasek Holdings said Tuesday it was setting up a new arm to invest in privately-owned North Asian firms with a particular focus on China.

China Bank Leads Bids for RBS Aircraft Leasing Unit

Wells Fargo & Co. (WFC) and Sumitomo Mitsui Financial Group Inc. (8316) are also interested in Dublin-based RBS Aviation Capital, the paper said.

IFC invests $170 million in BankMuscat

The investment will provide long-term capital resources to BankMuscat as it continues to expand its financial services.

India's FII outflows highest among BRIC nations

According to data compiled by EPFR Global, FIIs withdrew over $4 billion from India in 2011, against an inflow of $1.35 billion in 2010. EPFR Global tracks foreign fund flows across markets and different asset classes.

Chinese government views stability as top priority for 2012

Norman Villamin, CIO for Coutts in Asia, discusses the outlook for the Chinese economy and equity markets following the annual central economic work conference.

Central banks respond to growing risks

An extension of liquidity arrangements by major central banks and a cut in reserve requirements by the People’s Bank of China were announced yesterday.

UAE takes fancy to $1m mini-submarine

U-Boat Worx gets several enquiries from UAE for recreational, tourist and research purposes, says official

UAE's Swiss bank nears $1bn in assets

Swiss private bank says Chinese currency provides relief from Euro crisis

The observation highlights the strengthening stance of China in the world economy and as traditional safe havens become less attractive with the deepening banking crisis

Gloomy market puts a dent on wealth of India's richest

Asia to remain at the forefront of wealth creation

Billionaire in India still not living in luxurious home

Tax Information Exchange Agreements 'don't work'

The shortcomings of a pact designed to catch tax evaders have inadvertently been highlighted by offshore tax lawyers who said their clients' confidentiality and funds can still be hidden from view, a tax campaigner has argued.

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