Asia
Australia unveils standards bill on degree-qualified advisers
Australia has introduced a new professional standards legislation that will require financial advisers to be degree-qualified.
Bank of Singapore to open financial advice unit in Dubai
A subsidiary of one of Singapore’s largest banks, OCBC Bank, has confirmed it will offer financial advice to wealthy individuals in the Middle East when it opens a new office in Dubai next year.
Mirae launches first-sharia compliant fund
Mirae Asset Global Investments has launched a sharia-compliant version of its flagship Mirae Asia Sector Leader Equity fund.
Asia a key market for UK insurance sector growth, says ABI
The Association of British Insurers (ABI) has identified eight countries as priority markets for the expansion of the UK’s insurance and long-term savings markets, all of which are located in Asia.
China meltdown `very unlikely’: Lombard Odier
China’s debt-to-GDP increased to 250% in the first quarter this year from 154% in 2008. But Lombard Odier believes the picture is not as bad as it seems.