Wellness 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 […]

There 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 […]

The 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 […]

Yield-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 […]

Political risks in the United States, exacerbated by President Donald Trump’s struggles to pass key reforms amid a major federal investigation, are not deterring the manager of one of Canada’s largest pension funds from being bullish. Hugh O’Reilly, president and CEO at OPTrust, spoke to CNBC on the sidelines of the Milken Institute Asia Summit […]

Passive investing has gained popularity among investors recently, but there is still a place for active fund management, said Barings Chairman and CEO Thomas Finke. “Passives have grown so dramatically in the last decade that there’s this feeling they will overtake everything,” but a balance of assets is important, Finke added. Barings, part of the […]

North Koreans are likely to face serious food shortages despite recent relief from an intense dry spell, officials from the UN Food and Agricultural Organization told CNBC. Rainfall this year was “considerably lower” than a corresponding period in 2001, when cereal production in the communist dictatorship plunged to record lows, the UN said in a […]

Smart city initiatives have helped Bandung, Indonesia’s third-largest city, become a role model for government performance as its architect-turned-mayor focuses on slashing red tape. “We have the best performance in bureaucracy in Indonesia today,” Ridwan Kamil, mayor of Bandung, told CNBC on Thursday. Investing in technology to transform how citizens are served has quashed corruption […]

The U.S. dollar could “easily rebound” by 4 to 5 percent from current levels, but President Donald Trump and his administration stand in the way of the currency’s long-term strength, Marc Faber said Thursday. The greenback has had a tough year, with the dollar index tumbling nearly 10 percent since the start of 2017. At […]

Singapore-based financial technology company Six Capital Group responded Thursday to complaints from users who say they’re unable to cash out from the firm’s web-based strategy game. The game, called Tagg Switch, works similarly to how trading currencies works: Players purchase one of six types of so-called “Nodes” that represent a different currency — either the […]