Asia
Sacked Praemium CEO Ohanessian tries to oust chairman
Former Praemium chief executive Michael Ohanessian has requested the company hold a general meeting in a bid to oust chairman Greg Camm and three directors.
Aiming to replicate the success of Samsung
Korean asset manager Mirae has expanded across Asia, established itself in Europe and continues to grow. Jung Ho Rhee explains how the firm capitalises on a special understanding of key consumer trends in developing markets.
Manulife wins wholly foreign-owned enterprise license in China
Manulife Investment (Shanghai) has been granted the wholly foreign-owned enterprise (WFOE) license with a registered capital of RMB 50m ($7.3m), the firm has announced.
Guernsey secures MoUs with all Chinese finance regulators
The Guernsey Financial Services Commission (GFSC) has secured memoranda of understanding with all of China’s financial services regulators after signing an agreement with the China Insurance Regulatory Commission (CIRC) on Tuesday.
Asia drives strong results for Prudential
Prudential’s new business sales of life products rose by 19% to £6.3bn ($7.7bn, €7.2bn) with strong growth in Asia and the UK offsetting a decline in the US market.