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Australia is currently in the throes of a significant debate regarding a proposal to ban surcharges on credit and debit card transactions. If enacted, this move could potentially save consumers a staggering 1.2 billion Australian dollars (approximately $781…
Zurich-headquartered Julius Baer has bolstered its products unit in Hong Kong with the appointment of a new head of fund specialists in Hong Kong. Jeffrey Tam has elevated to become Julius Baer’s head of fund specialists Hong Kong, according to a statement,…
AirAsia Group shareholders voted on November 11 in favour of a cash call to raise up to MYR1,024,058,370 ringgit (USD245.9 million) to recapitalize the group. Separately, on November 12, reports emerged that all three groups of creditors of AirAsia X (D7,…
J.P. Morgan has reportedly allowed all of its wealth management clients to access cryptocurrencies via funds. J.P. Morgan’s wealth management clients gained access to five crypto products, effective July 19. Four of the products are from Grayscale Investments…
With OCBC enabling peer-to-peer (P2P) fund transfers on Google Pay, the city-state becomes the third globally to offer the service, after India and the United States. The integration means that OCBC customers can now transfer or receive payments directly from…
Investing in a systematic investment plan (SIP) is a smart thing. In SIP, an investor invests a pre-determined amount into a mutual fund scheme each month. These investments could be made on a weekly, quarterly, or even on monthly basis. Further, they have…
Sony has never been able to obtain success in the smartphone industry the way it once controlled the mp3 market, the video game console market, and the television market. Trying to differentiate itself, this year’s Xperia 1 flagship, unveiled at MWC in…
Singapore Airlines (SIA) is among five international airlines that fly into Europe that have been told to pay passengers for delays they may have experienced. The UK Civil Aviation Authority (CAA) said in its press release on Wednesday (Feb 22) that American…
SoftBank Group has announced plans to establish the SoftBank Vision Fund to make investments in the technology sector globally. The fund will be managed in the United Kingdom by a subsidiary of SoftBank and will deploy capital from SoftBank and investment…
New Silkroutes Group (“NSG” or “the Group”) has formed a joint venture with three parties, including the Singapore subsidiary of China’s Nanshan Group, to develop private equity funds that will focus on healthcare and infrastructure in the Asia Pacific…
