In a significant development, Singapore and Indonesia have signed a bilateral extradition agreement aimed at bringing to justice those who have been accused of stashing offshore billions of dollars in state money. The two countries also signed bilateral agreements covering… Read More ›
As per a source with direct knowledge, a think-tank of China’s powerful state council met banks and real estate developers in Shenzhen city midst intensifying worries liquidity crisis facing China’s property sector. The meeting, held yesterday, included participants from China… Read More ›
In a development that marks the first nascence of U.S. offshore wind industry even as US President Joe Biden has pledged to support a clean energy and climate change agenda that will create millions of good-paying union jobs, Vineyard Wind… Read More ›
With coronavirus inducing economic lockdowns around the globe, there has been a sharp decline in energy prices last year according to data, as a result top oil companies have significantly reduced their search for new fossil fuel resources, triggered massive… Read More ›
On Wednesday, ITV’s political editor stated a Brexit trade deal could potentially be on the cards following both sides making progress on fishing rights; the tweet follows another tweet which said there was no chance of an accord before Christmas…. Read More ›
On Monday, shares of Standard Chartered’s and HSBC in Hong Kong fell vertically following media reports that the two banks along with other banks transferred large sums of allegedly illicit funds for nearly two decades despite the transfers being red… Read More ›
According to a report from Transparency International (TI), loopholes in Canadian law are allowing a “corrupt elite” to use the housing market for laundering money. TI’s report found at least ten problem areas in law that deals with real estate… Read More ›
Israel will start exporting gas to Egypt from January 2020. In a regulatory filing in Tel Aviv, Israel’s Delek Drilling stated, shares have been transferred to buyers in a joint venture called EMED between Texas-based Noble Energy and Delek wherein… Read More ›
The steady stream of wealth that is being moved out of Hong Kong to Singapore is due to China’s aggressive posturing on the former British isle. According to sources familiar with the matter at hands, many foreign wealth managers are… Read More ›
According to Kevin Yam, a prominent Hong Kong-based lawyer, high net-worth individuals from Hong Kong are taking steps to relocate their assets to Singapore. China’s aggressive push towards Hong Kong is starting to have repercussions. According to lawyers, bankers, and… Read More ›
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