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Citi’s Asia private bank ramps up hiring as strong capital inflows drive regional rally

Citigroup’s Asia private bank has hired 10 per cent more advisers this year as strong capital inflows have sparked rallies…

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New Business

Young Chinese are seeking their fortune in Southeast Asia. Will they find it?

Kent Cai, a Chinese entrepreneur based in the eastern province of Zhejiang, made a major life decision earlier this year…

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New Business

Exclusive | Justin Sun eyes ‘Swift’ system for virtual asset sector, praises Hong Kong crypto progress

Cryptocurrency entrepreneur Justin Sun says he is trying to establish the Tron blockchain, which he founded and launched in 2018,…

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When North Koreans raise a toast, it’s increasingly Chinese wine, as import volume surges

North Korea, one of the world’s most isolated and heavily sanctioned countries, has remained a major destination for Chinese wine…

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FWD profit jumps 15 times as life policies spike, costs drop following Hong Kong IPO

FWD Group, a regional insurer founded by Hong Kong billionaire Richard Li Tzar-kai, said its first-half net profit jumped 15…

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From drones to robots, tourists flock to China to glimpse a ‘cyberpunk’ future

When Marc Guyon, a French national based in Hong Kong, decided to visit Shanghai in early August, the main attraction…

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JD.com’s property unit joins 2 firms in a US$1 billion Singapore Reit, sources say

The property investment arm of Chinese e-commerce giant JD.com and two other firms plan to launch a Singapore-based real estate…

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Ant International and Standard Chartered partner on cross-border remittance service

Ant International, Standard Chartered Bank and the Swift system said on Wednesday they were collaborating on a global cross-border remittance…

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Hong Kong luxury rents lead the world with 8.6% surge in second quarter: Knight Frank

Hong Kong’s luxury home rents increased the most globally in the second quarter, according to Knight Frank, benefiting from an…

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AIA profit rises 12% in first half on mainland visitors’ buying spree

AIA Group, Asia’s largest insurer, posted a 12 per cent growth in first-half operating profit, buoyed by mainland Chinese customers…

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