Asia
SFC intermediary licence applications jump by 15%
The number of applications for intermediary licences in Hong Kong has risen by just over 15% in a year, the Securities and Futures Commission has said.
Hermes expands sales team in Singapore
Hermes Investment Management is growing its sales team in Singapore with a new hire who came on board this week.
Hong Kong fund sales slide by 50%
The Hong Kong fund industry saw net sales drop by almost a half in the first six months of 2015, new figures reveal.
ANALYSIS: Nothing conventional about Chinese currency slump
There has been a lot of conventional wisdom bandied about over the past few days in relation to China’s loosening of the renminbi peg.
China devalues renminbi for second day
China’s Central Bank has devalued its currency for the second consecutive day, following Tuesday’s biggest depreciation in two decades.