BlackBerry saviour Watsa, an investor with a long view
As soon as Prem Watsa stepped down from Blackberry’s board in August, speculation that he would launch a bid for the troubled smartphone maker started to swirl. Markets & Investing…
Kuwaiti fund pins hopes on Hong Kong
Asiya Investments, a fund manager in which the Kuwait Investment Authority (KIA) holds a 15 per cent stake, is looking to use its new Hong Kong office to bring in…
Race is on to launch Hong Kong-domiciled funds
JP Morgan Asset Management, which already has 44 Hong Kong-domiciled funds, the most in the city, would issue more, Asia-Pacific chief executive Jed Laskowitz said. Markets & Investing feed…
Meet the new rally, same as the old rally
The Hang Seng Index is up 19 per cent since June 24 following a 15 per cent drop in the preceding month, marking a sharp swing in prices over the…
Public in line to own shares in the Empire State Building
The price for the public to own a piece of New York’s Empire State Building is close at hand. Markets & Investing feed…
Public in line to own shares in the Empire State Building
The price for the public to own a piece of New York’s Empire State Building is close at hand. Markets & Investing feed…
Price for back-door entry into HKEx rises
Mainland firms seeking a back-door listing as a short cut to trading in Hong Kong’s internationally renowned stock exchange have to pay up to HK$ 180 million, almost six times…
US investors bet US$18.1b on more Fed easy money
Investors in the United States poured US$ 18.1 billion into stock funds in the week to Wednesday as global markets rallied on expectations the Federal Reserve would maintain its easy-money…
Markets surge on Fed’s stimulus move
World shares and global bond prices surged yesterday and the dollar tumbled after the US Federal Reserve stunned markets by choosing not to cut back on its asset-buying programme. Markets…
