Asia
expats in china brace for new expat tax
China is putting the finishing touches on a new regime for taxing foreign workers as it continues to build its social services infrastructure.
hong kong regulator issues clarifications
Hong Kongs regulator has warned banks and other authorised institutions that it is increasing its scrutiny of renminbi trading, as part of an effort to ensure that such trading conforms with regulations aimed at preventing speculation in the Chinese currency.
standard life intl eyes singapore
Standard Life is in discussions about applying for a licence to operate in Singapore, as it looks to implement a strategy unveiled earlier this year of expanding beyond its Asian foothold of Hong Kong.
fidelity criticised for breaching takeover code
Fidelity Worldwide Investment has been publicly criticised by the Hong Kong regulator for failing to disclose a large position it held in Little Sheep, a company which was subject to a takeover.
Franklin Templeton prepares for Vietnam funds
Franklin Templeton Investments, the US-based fund management giant favoured by many investors for its Asia-focused funds range, is looking forward to launching, through a joint venture, some of the first mutual funds ever to be sold in Vietnam.