Asia
bogus facebook adviser fined hkd20000
An unlicensed adviser was today fined HK$20,000 and given a community service order of 80 hours, for advising on securities via the social networking website Facebook.
state street rapped in singapore
State Street Global Advisors has been reprimanded by the Monetary Authority of Singapore, for supplying inaccurate information in relation to the performance of an exchange traded fund.
wef puts hong kong top of its financial index
Hong Kong has taken the top position on the World Economic Forums Financial Development Index for the first time, moving ahead of both the United States and the United Kingdom.
friends unveils malaysian takaful business
Friends Life has launched its Shariah-compliant insurance business in Malaysia.
asia pac sales forecast to grow at 6pc pa
Asia Pacifics retail and consumer industry is forecast to grow at an average of 6% from 2011 to 2015, according to joint PwC and Economist Business Unit research, which also revealed that online purchases increased last year in China by 97% year on year.