OPINION: If the US-China trade war escalates, how will the Chinese economy respond? Here are the numbers
By Lawrence J. Lau From South China Post Lawrence J. Lau says China can weather the effects of a trade war with the US, even if imports of the products the US is targeting with its tariffs halt completely. The…
Singapore’s new structure to rival Cayman Islands funds
By Francis Nikolai Acosta From Funds Selector Asia Will Singapore’s new corporate structure for traditional and alternative managers grow at the expense of Cayman Island-domiciled funds? The regulations for the new structure, the Singapore Variable Capital Company (S-VACC), are expected…
Bankers quit Goldman, Citigroup for Biotech riches in Hong Kong
From Newsmax Investment bankers in Hong Kong are catching biotech fever. At least seven senior bankers and analysts from top-tier securities firms have quit to join biotechnology companies in the city since December, responding to the industry’s growing demand for…
India needs to catch up with global peers in insurance sales
By M Saraswathy From Money Control Insurance premium’s share in India’s GDP has been stagnant for almost four years Yet again, the annual Swiss Re sigma report presents a bleak picture of India’s insurance sector. While the insurance premium’s share…
Hong Kong could teach China tech some manners
By Alec Macfarlane, Reuters From Nasdaq HONG KONG, June 14 (Reuters Breakingviews) – Hong Kong could teach Chinese technology companies some manners. Web portal Sina is planning a secondary listing in the city, taking advantage of new rules introduced in…
OGIER: Cayman-based finance lawyer Mark Santangeli promoted to partner
Ogier has announced the promotion of Cayman-based finance lawyer, Mark Santangeli, to partner. Named as a leading lawyer by IFLR for successive years, one of his clients describes him as “operating like a top-notch New York lawyer”. Ogier’s global head…
Cayman Islands receives $38 billion investment from China
From Reuters China’s overseas investment portfolio worth $498 billion last year BEIJING (Reuters) – Mainland China’s overseas portfolio investment rose last year to $498 billion from $360 billion at the end of 2016, with the Chinese territory of Hong Kong…
Here’s what we know about Block.one, which created the world’s 5th largest cryptocurrency in just a year
By SAM JACOBS From Business Insider Commonwealth Bank surprised the market this morning with the announcement that CFO Rob Jesudason is resigning, effective immediately. It appears to be awkward timing for the bank, given that Jesudason made the cut in…
Chamber delegates represent Cayman Islands at Hong Kong Great Festival of Innovation
Chamber President Paul Byles and Chief Executive Officer Wil Pineau were among the members of the Cayman Islands delegation in attendance at the GREAT Festival of Innovation in Hong Kong last month. Organised by the United Kingdom’s Department for International…
Conyers Dill & Pearman promote Richards
Conyers Dill & Pearman has announced the promotion of Victor Richards (Director, Bermuda) and Norman Hau (Partner, Hong Kong). Winnie Wong from the Hong Kong office has been appointed to Counsel. Christian Luthi, Chairman, said: “We congratulate Victor, Norman and…
