05/18/2012

Rising wealth in China fails to buy more happiness

Despite record economic growth over the past two decades – resulting in more than fourfold increase in income and spending – Chinese people overall have become less satisfied with life, according to the study published in the Proceedings of th

05/18/2012

Few women make it to the top despite Asia's wealth

Yet few women in Asia make it to the top. Social norms undervalue girls and women, with sex-selection abortions resulting in some 1.3 million girls per year not being born in China and India alone.

05/18/2012

Western Australia Goes Sovereign

That hardly seems like a world-beating target given the 20-year time frame, and would put the fund truly in the minnows pool compared with its peers.

05/18/2012

Weak A$ Dollar To Attract Wealthy Asians -HSBC Exec

The Australian dollar this week fell below parity against the greenback for the first time in five months, prompting a slew of global investment houses to lower their outlook for the currency.

05/17/2012

Bank Of Montreal Looks To Singapore For Wealth Operations

The number of centa-millionaires - those with at least $100 million to invest - is expected to increase by 67% over the next four years in Singapore, according to The Wealth Report 2012 by Knight Frank and Citi Private Bank.

05/15/2012

Aussies say no thanks to private bankers

Although the survey covered more than 600 high net worth individuals in Australia, that single anecdote told a lot about the imperfect customer acquisition.

05/15/2012

Wealth fund would 'straightjacket' WA

Western Australia cannot afford a sovereign wealth fund and will be financially straightjacketed if it is introduced by the Colin Barnett-led government, the state's peak business lobby group says.

05/14/2012

RBS: The bank that's selling charity

Royal Bank of Scotland is targeting India's young super-rich with a range of products designed to help make giving to the needy easier and more efficient.