Singapore
Singapore opens up corporate bonds to retail investors
Corporate bond issuers in Singapore will find it easier and cheaper to tap into the retail market after the country’s monetary authority (MAS) introduced two new regulations that will open up corporate bond offerings to retail investors.
India imposes first CGT on Mauritian inflows in 30 years
The Indian government is set to impose a capital gains tax (CGT) on investments coming from Mauritius in bid to tackle tax evasion.
Singapore-UK in fintech cooperation
Singapore’s monetary authority and the UK’s Financial Conduct Authority have agreed to cooperate to promote cross-border financial technology development.
Zurich Global Life steady, general insurance improves
Zurich Insurance Group reported a drop in net profits for the first quarter, after operating profits fell 23% in general insurance and a marginal decrease in the company’s Global Life business.
Nikko AM to launch themed ETF in Japan
Nikko Asset Management will launch an exchange traded fund that tracks Japanese companies investing in physical and human capital.