Pig Butchering fraud to be analyzed at OffshoreAlert Bangkok
Register Now Pig Butchering fraud – which rakes in billions of dollars annually via online romance, crypto, and other scams – will be scrutinized at next month’s OffshoreAlert conference in Bangkok. A session entitled ‘The Rise of ‘Sha Zhu Pan’…
Why one of Asia’s richest men is buying a British pub business right before Brexit
By Geoffrey Smith From Fortune Li Ka-Shing, one of Asia’s richest men, has long been revered for his timing. So what does it say about the future that his flagship real estate fund is pouring windfall gains from Hong Kong…
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China counts on tax cuts to buoy business in tough economic times ahead
By Jane Cai From South China Morning Post As growth slows and the trade war bites, Beijing aims to reduce levies on key sectors such as manufacturing to keep people employed and ensure social stability Chinese Premier Li Keqiang delivered…
Toys ‘R’ Us demise creates black hole for toy makers
From Newsmax The demise of Toys R Us will have a ripple effect on everything from toy makers to consumers to landlords. The 70-year-old retailer is headed toward shuttering its U.S. operations, jeopardizing the jobs of some 30,000 employees while…
OPIM teams with Global Traveller Asset Management on new thematic fund
From FIN Alternatives Hong Kong-based hedge fund platform OP Investment Management (OPIM) has debuted a new long-baised equity strategy in partnership with Global Traveller Asset Management Company. The new fund, managed by CEO Zheng Wang, will be domiciled in the…
Judge paves way for China Fishery trustee to investigate lender HSBC’s conduct
By Jason Smith From Undercurrent News A US judge has granted China Fishery trustee William Brandt permission to issue subpoenas to lender HSBC Bank, as part of a probe into the bank’s conduct prior to the 2016 bankruptcies of several…
Mini versions of old buildings
An artist is making mini versions of old buildings by looking at Google Maps By YVETTE TAN From Mashable From a discarded milk carton on the ground, to slightly worn-out posters, the details on Joshua Smith’s models are so realistic…
Offshore M&A deal flow calms after record 2015 says Appleby [Cayman Islands remained busiest location]
From FTSE GM Following record deal flow in 2015, the number and value of offshore M&A deals fell in the first half of 2016 says offshore law firm Appleby. The offshore region remains ranked sixth in the world by deal…
China has biggest number of links to Panama Papers
From Radio Free Asia China-linked offshore companies in the Panama Papers far exceed the number of entities from other countries and regions of the world, reports indicate. Some 25,000 offshore companies with owners — either companies or individuals — from…
Japan’s offshore investors on edge as Panama Papers revelations spark Hong Kong clampdown
By Reiji Yoshida From The Japan Times Hong Kong-based financial consultant Yoshimitsu Sasago is unsettled by developments since the recent leak of client data from a Panama-based law firm. Sasago has served Japan-based clients in Hong Kong for the past…
