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A former managing director for Morgan Stanley’s real estate business in China has admitted to breaches of the wide-ranging US law, the Foreign Corrupt Practices Act.
Asian Markets | April 26th, 2012 | Continue reading » 
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Westpac has received in-principle approval for a foreign banking licence from the Reserve Bank of India, and has announced it will open its maiden branch in India’s commercial capital, Mumbai.
Asian Markets | April 16th, 2012 | Continue reading »
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IAG has moved to grow its footprint in the Asian insurance market through the acquisition of smaller rival, Kurnia Insurans for $480 million.
Asian Markets | April 13th, 2012 | Continue reading »
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Syndicated loan volume for Asia Pacific (excluding Japan) reached US$45.15 billion via 157 deals in the first quater of 2012, marking one of the lowest volumes and deal counts recorded.
Asian Markets | March 30th, 2012 | Continue reading »
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The Reserve Bank of Australia has announced the signing of a bilateral local currency swap agreement with its Chinese counterpart, the People’s Bank of China.
Asian Markets | March 23rd, 2012 | Continue reading »
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RMB-denominated payments between Australia and China and Hong Kong in February were among the lowest in Asia, according to analysis by SWIFT.
Asian Markets | March 22nd, 2012 | Continue reading »
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A report on the sentiment of Asian affluent individuals has found that, despite a slight dip in short-term confidence, in general they remain confident of growing their wealth.
Asian Markets | March 21st, 2012 | Continue reading »
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Korea’s second airline, Asiana has closed a US$370 million asset backed securitisation of passenger ticket sales, predominately on the airline’s Japan routes.
Asian Markets | March 16th, 2012 | Continue reading »
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ANZ is the first Australian bank to become fully licensed to offer a wide range of RMB-related products and services to local citizens in China.
Asian Markets | March 5th, 2012 | Continue reading »
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The impact of a potential downturn in the Australian economy arising from a China slowdown could flow onto the Australian banks, but is unlikely to be a disaster.
Asian Markets | February 27th, 2012 | Continue reading »