UBS
‘Malaysian people defrauded on a massive scale’: FBI on 1MDB scandal
US federal prosecutors filed a civil lawsuit on July 20 in order to seize more than $1 billion in assets they believe were obtained...
7-Eleven Malaysia prices at top of range
Malaysia's largest convenience store chain, 7-Eleven Malaysia Holdings Bhd, has raised about 732 million ringgit ($226.91 million) in a share sale priced at the...
Singapore, Switzerland agree to share tax information
Switzerland and Singapore have both agreed to share data and tax information under a groundbreaking new treaty signed by some 47 nations worldwide.
"It's clearly...
Swiss property market at risk of overheating
The property market in Switzerland, one of the most expensive globally and heavily sought-after by foreign buyers, is at rising risk of overheating, according...
Bleak outlook for Thai economy
The political tensions in Thailand are taking their toll on the economy. While tourism arrivals dropped 15 per cent from November 2013, Bank of...
Millionaire population surges in communist Vietnam
The number of extremely wealthy individuals in Vietnam has grown 14.7 per cent in 2013 over 2012, the second fastest growth rate in Southeast...
Bangkok SkyTrain seeks to raise $1.1b
BTS Group Holding, the operator of the Bangkok's SkyTrain, is planning an initial public offering of a $1.1 billion infrastructure fund at the Thai...
UBS job cuts: Singapore, HK affected
Swiss banking giant UBS will have a noticeable portion of its 10,000 layoffs in Asia, namely in Singapore, Hong Kong and India, people familiar...
Singapore a haven for German money?
Singapore has made it in the news as a possible destination for wealthy German individuals' funds that are currently kept in Switzerland for tax...
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Thailand, Singapore most vulnerable to potential US recession
Southeast Asia could be seriously affected in case the US falls into recession, but some countries would be more badly hit than others, economists...