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White House’s Hassett criticises Powell for staying on at Fed

WHITE House National Economic Council Director Kevin Hassett criticised former Federal Reserve Chair Jerome Powell for staying on at the US central bank,...

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Hong Kong’s assets under management grow to record US$5.38 trillion: survey

It has been considering waiving tax on fund managers’ performance bonuses to woo investment talent

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Hong Kong Monetary Authority urges banks to drive global yuan adoption

Hong Kong Monetary Authority (HKMA) on Thursday (Jul 2) called on all banks to promote the cross-border use of the...

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Great Eastern expands wealth advisory as it deepens push into HNW market

The insurer is seeking to ensure advisers are equipped with expertise and technical proficiency

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Japan’s yen jumps, traders alert to intervention risk

The yen has unwound all of its gains since Japan last intervened

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Japan government panel member calls for moderate BOJ rate hikes

He says delaying rate hikes can heighten inflation expectations and push up long-term interest rates

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UBS already has enough capital to meet new government requirements: Swiss central bank

Government wants to force UBS to raise the amount of common equity capital it holds domestically against its foreign operations to 100%

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DBS, Samsung ink MOU to advance wealth management collaboration across Asia

The tie-up covers four areas, such as access to the South Korean market for the Singapore lender’s clients

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DBS, Samsung Securities ink MOU to advance wealth management collaboration across Asia

The tie-up covers four areas, such as access to the South Korean market for the Singapore lender’s clients

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US regulator probes US$100 million insider trading linked to Chinese brokerages Futu, Tiger Brokers: sources

Traders bought US options in Chinese brokerages right before a May 22 crackdown

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