The bank’s first branch outside Ho Chi Minh City comes a year after the incorporation of UOB (Vietnam), the bank’s Vietnam subsidiary. United Overseas Bank (UOB) has announced the opening…
PayPal-backed digital lender Tala has raised another $110 million to enter the Indian market, increasing the firm’s total estimated value to more than $750 million. The five-year old California-headquartered startup…
SoftBank’s brokerage unit plans to do something that has never be done in Japan’s capital markets – allowing individuals to participate in initial public offerings by setting the amount they…
Fund of funds are becoming critical in China’s domestic market for diversification and, in particular, hedge fund exposure. But unsystematic performance-chasing from market players do not inspire confidence, UBS Asset…
Formula 1 motor racing used to attract droves of sponsors from the financial industry. Today, UBS is the industry’s last representative as a backer of the sport. How does its…
Retail bankruptcies and destocking impacted Li & Fung turnover during the first half of this year, but the world’s largest supply-chain solutions provider returned to profit. On a like-for-like basis,…
Some of Hong Kong’s largest banks have published full-page newspaper advertisements on Thursday urging for the restoration of social order, one week after some protestors call for cash withdrawals at…
The Kia Seltos compact SUV has been launched in India, with prices starting at ₹ 9.69 lakh and going up to ₹ 15.99 lakh (ex-showroom, Delhi). Kia has received over 32,000 bookings in…
HSBC Holdings is considering a bid for Aviva’s Asian operations, as it looks for ways to diversify its business in the region. London-based HSBC is in the early stages of…
In the application submitted to regulators, Goldman said it would absorb the securities sales, trading and research operations currently sit in the business of its partner in the joint venture. Goldman…
Kia Motor India has finally introduced the Seltos compact SUV in India and the all-new offering has been launched at a disruptive pricing of ₹ 9.69 lakh (ex-showroom). The company has already…
AirAsia Philippines is planning flights to Guam by 2020 as rival budget airline Cebu Pacific pulls out. AirAsia Philippines’ newly appointed CEO Ricardo Islas said the airline would seek a…
Television and appliance manufacturer Hisense has launched its brand-new interactive system for large-screen social scenarios in the Chinese market. Hisense’s Social TV with Hi Table will provide users with interactive…
A CDF Beauty duty-free megastore has opened in Hong Kong’s Citygate Phase II. Spanning more than 10,000sqft, CDF Beauty houses 45 beauty brands, including cosmetics, skincare products and beauty appliances.…
Audi Hong Kong has opened an experiential retail concept store focusing on technology and lifestyle. The store, billed as the Audi Innovation Space, was unveiled earlier this year at Kowloon…
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