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Brexit
Global Markets
What to expect in UK markets when May pulls Brexit trigger
LONDON (March 14): The trigger of Article 50 is the event traders have been waiting for since the UK voted to leave the European Union. Yet as Prime Minister Theresa May approaches her end-March deadline for launching Brexit, there is no consensus on what
March 14, 2017
Ho Bee Land unit divests London property for $167 mil
SINGAPORE (Feb 8): Property group Ho Bee Land announced Wednesday that wholly-owned subsidiary Grandiose Investments is selling its Rose Court property in London for £94.5 million ($167.2 million).
February 08, 2017
Investor confidence continues global decline on political concerns in Europe
SINGAPORE (Feb 1): State Street Global Exchange’s Global Investor Confidence Index (Global ICI) continues to decline on a global scale, falling 0.3 points from Dec 2016’s revised reading of 94.1 to 93.8 in Jan 2017.
February 01, 2017
Investing strategies
Global investors weigh geopolitical risks in Europe
SINGAPORE (Jan 31): Global investors are most wary of high volatility in currencies, commodities and capital markets when considering investment plans in Europe, according to a survey by EY.
January 31, 2017
Investing strategies
Grey swans emerge globally with the dawn of a Trump era
SINGAPORE (Jan 24): Tail risks, no matter how unlikely, are not entirely implausible, exceptionally rare, or unknown. Despite falling short of base case expectations, the improbability does not undermine their potential impact to financial markets.
January 24, 2017
Brexit
May ready to announce Britain will leave EU single market
(Jan 17): The UK is likely to pull out of the European Union’s single market for goods and services and seek a completely new trading relationship with the bloc, Prime Minister Theresa May will say Tuesday as she sets out her plan for Brexit.
January 17, 2017
Brexit
Trump says Brexit to be 'a great thing', wants quick trade deal with UK
LONDON (Jan 16): US President-elect Donald Trump said that Brexit would turn out to be a great thing and other countries would follow Britain out of the European Union but promised to strike a swift bilateral trade deal with the United Kingdom.
January 16, 2017
Global Markets
Hong Kong billionaire Li's force field may be fading
HONG KONG (Jan 12): Billionaire Li Ka-shing is so powerful, Hong Kongers quip, he emanates a force fieldshielding the city from dangerous typhoons that could harm his businesses. Yet Li’s magic is showing signs of wearing off after his wealth shrank by
January 12, 2017
Investing strategies
5 investment themes to prepare for the unexpected this year
SINGAPORE (Jan 10): Bank of Singapore (BoS) Chief Investment Officer (CIO) Johan Jooste is urging investors to adopt a cautious stance going into 2017, going “underweight” on risk assets and “overweight” in cash.
January 10, 2017
Paris eyes luring 20,000 bankers from London amid Brexit rupture
(Jan 3): Paris could lure as many as 20,000 workers from Britain’s finance industry with the exodus potentially starting within weeks as the UK begins its withdrawal from the European Union, according to Europlace, the French capital’s lobby group.
January 03, 2017