Asia
ING in final talks to sell South Korean life insurance unit
Talks to sell ING’s South Korean life insurance arm have been extended prompting fears the sale could be in jeopardy, local media reports suggest.
China one year on: Renminbi to keep falling
One year on from China’s surprise currency devaluation, there is still room for a further gradual depreciation of the renminbi against the US dollar, said Jade Fu, investment manager at Heartwood Investment Management.
China approves Shenzhen-Hong Kong Stock Connect
China’s regulators have formally approved the Shenzhen-Hong Kong Stock Connect, which was expected to launch last year.
South Korea’s largest life insurers report fall in profits
South Korea’s major life insurers reported lower profits for the first half of the year due to the prolonged rock-bottom interest rate environment and economic slowdown.
Australian retail pension fund to return to HMRC Rops list
International pension provider IVCM said an Australian superannuation plan it runs in conjunction with Tidswell Financial Services had received confirmation from HM Revenue & Customs that it will appear on the official Recognised Overseas Pension Schemes (Rops) list shortly.