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Tag : singapore

For a China looking to internationalise its currency, the Russian banking crisis could make it a force to reckon with; Family offices remain drawn to the city’s tax incentives, political and currency stability, clear regulatory framework and good schools for their children; Indonesia’s new wealth fund is talking to more than 100 investors; AIA set to boost exposure to Asian infrastructure 'as much as possible'; and more.
March's most read: Could Russia's SWIFT ban benefit renminbi assets?; Family offices unfazed by Singapore's wealth taxes
GIC will buy a portfolio of 15 hotels and 16 leisure properties from Japan’s Seibu Holdings for $1.3 billion; KIC invests $1.9 million in Coinbase shares; BlackRock CCB Wealth Management has received approval to launch pension wealth management products in Guangzhou and Chengdu; Temasek downsizes holdings in Alibaba while adding new positions in Pinduoduo and JD.com; Former Goldman Sachs banker Roger Ng to stand trial for role in 1MDB scandal; and more.
Weekly investor roundup: GIC to buy Japanese hotel and leisure property portfolio for $1.3 billion; Korea's KIC invests $1.9 million in Coinbase
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