Tax changes in Hong Kong set to lure Chinese private equity funds to city
Hong Kong’s latest tax incentives are expected to lure large numbers of investment houses from the mainland to raise their first offshore private equity funds in the city to compete…
Euro rebounds in Asia on Cyprus bailout deal
The euro rallied in Asia on Monday after eurozone finance ministers agreed on a bailout for Cyprus as the island nation faced a looming deadline to clinch the 10-billion-euro rescue…
New insurance rule far from transparent on fee disclosure
The Hong Kong insurance industry will raise its disclosure on fees in mid-April. However, buyer beware, most consumers will not notice a difference. In a nutshell, brokers must disclose fees…
Shanghai futures bourse releases rules on extended trading sessions
The Shanghai Futures Exchange (SHFE) has released draft rules to allow extended trading sessions for its futures contracts, with gold and silver the most likely to be chosen for the…
NYSE Euronext aims to unlock yuan potential
NYSE Euronext, the transatlantic exchange operator, is looking to tap new opportunities in yuan-denominated currency and interest-rate products for the European market by offering a global trading and clearing platform.…
Miners may ramp up IPO activity
Initial public offerings by resource and mining companies could rebound this year, PricewaterhouseCoopers says. The firm expects 10 to 15 such companies to list in Hong Kong and raise HK$ 20…
Investors may take risky path, says UBS
Investors might consider adopting a riskier strategy in the second quarter, investment bank UBS said yesterday. It said it expected the rebound in the A-share market to be sustainable owing…
Asian markets mixed, eyes trained on Cyprus
Asian markets were mixed in nervous trade on Friday after the European Central Bank warned Cyprus it would cut off funding to its banks if leaders did not hammer out…
Asian markets lifted by China manufacturing data
Asian markets mostly climbed on Thursday after data showed manufacturing activity in the world’s number two economy picked up strongly in March, while Tokyo was lifted by renewed weakness in…
