Asia
Hong Kong signs data-sharing deal with South Africa and Portugal
Hong Kong has agreed to an automatic exchange of information with South Africa and Portugal amid mounting pressure from the OECD and the European Union.
Wealth management apprenticeship scheme launched in Hong Kong
An initiative designed to provide professional training and employment opportunities for young people interested in careers in private wealth management has been launched in Hong Kong.
Singapore investors report N America property scheme to police
Five Singaporeans, including two people in their 70s, who invested in a company offering attractive returns on real estate investments in the US and Canada, have reported the company to the police.
China’s Harvest Global launches its first Ucits fund
Harvest Global Investments (HGI), the international arm China’s Harvest Fund Management, has launched its first Ucits-compliant sub-fund, Harvest China Evolution Equity Fund.
Tensions rise as Praemium face off approaches
Ousted Praemium chief executive Michael Ohanessian’s “aggressive” relationship with the board and his unwillingness to “make necessary changes in his behaviour” are why shareholders should vote against his reinstatement, chairman Greg Camm has said.