One man’s loss is another man’s gain, as the saying goes, and so it seems to be the case for Brexit. As Britain prepares to suffer an outflow of jobs from its capital over the coming years, Europe, and one city in particular, looks set to reap the benefits: Frankfurt. Already a thriving financial hub, […]
Read moreAsia’s credit market has grown massively, but if yield-seekers want a slice of that pie, they must be prepared to vary their investing strategies across the region, according to Singapore-based Ilfryn Carstairs, co-chief investment officer at Varde Partners, an alternative investment advisory. “It’s difficult to talk about Asia as a single market,” Carstairs said. “I […]
Read moreChina’s supply-side reforms appear to be working as the world’s second-largest economy is showing positive signs, said Jing Ulrich, managing director and vice chairman of Asia Pacific at JPMorgan Chase. “In the past many years, the macro economy was always growing strongly but the companies couldn’t make any money. But this year, in the first […]
Read moreCurrency, United States Finance
War games show assertive Russia could spark misunderstandings, says NATO chief
As Russian troops take part in what may be the largest military exercise since the Cold War, NATO has called on Moscow to be more “transparent” about its exercises. The Zapad 2017 military exercise is held on the border with Poland, Lithuania and Belarus. The main purpose is to stimulate defense and counterattack in case […]
Read moreTemasek Holdings, Singapore’s massively influential state-owned investment company, is weighing an investment into Florida-based start-up Magic Leap, according to a new report. Bloomberg, citing sources, said on Thursday that Temasek is considering taking part in a new funding round of more than $500 million that could value the start-up close to $6 billion. Magic Leap, […]
Read moreWellness is a huge opportunity in the luxury sector and Asia is uniquely positioned to benefit, according to one of the world’s largest consumer-oriented investment groups. “Looking after yourself is the new luxury … and Asia has a lot to contribute on that front,” Ravi Thakran, managing partner and chairman of L Catterton, told CNBC […]
Read moreThere are plenty of business opportunities in Asia even though the region is home to what many consider to be the largest risk of the day: North Korea. That’s the sentiment of Daiwa Securities, according to Keiko Tashiro, the Japanese bank’s senior executive managing director, who said the group will continue to expand within the […]
Read moreCurrency, United States Finance
European markets to open lower; investors await Bank of England policy decision
European markets are poised to open lower Thursday as investors assess geopolitical developments and look ahead to the Bank of England‘s latest policy decision. The FTSE 100 is set to open 14 points lower at 7,391; the German DAX is expected lower by 17 points at 12,506; and the French CAC is on track to […]
Read moreThe outbreak of military conflict on the Korean Peninsula would be destabilizing and could possibly result in a global war, according to Citi’s top global political analyst. While it was impossible to put a number on the scale of the North Korea risk, war games carried out through history have simulated what could happen as […]
Read moreYield-seekers are now turning their eye to a new must-have investment, one that presents tens of trillions of dollars in opportunities, according to Robert Petty, managing partner and co-founder at Clearwater Capital Partners. Speaking with CNBC, Petty said the $50 trillion worth of debt across Asia presents the same value of opportunities to investors. Strong […]
Read more