As many as seven property funds in the United Kingdom announced suspension of redemption as investors dump holdings in fear of property market slumps after Britain’s vote to leave the European Union…….
The overwhelming sentiment that prevails in the UK and across Europe in a post-Brexit world is uncertainty, and this is likely to continue for the foreseeable future. After a sharp economic shock in the financial markets, especially for banking and real estate stocks, the climate has moderated not least because of significant efforts by the Bank of England and the Treasury to stabilise and calm the situation…….
China, like many other bystanders watching the Brexit debate unfold, will likely have assumed when the Referendum was announced that it was a political staging post and that the UK would vote resoundingly to remain as part of the European Union…….
When Anbang abruptly terminated its attempt to acquire US hotel chain Starwood in late March despite sweetening its offer several times in three weeks to upstage its rivals, many industry experts had said that the deal was being clocked by the Chinese authorities…….
Investment and merchant bank Ion Pacific has announced the appointment of Jonathan Starbecker as a Managing Director to support the firm’s continued growth in Asia and globally. Jonathan will be based in Hong Kong…….
The sale of the iconic Hamleys toy store chain highlights the continued interest of Chinese companies in acquiring heritage brands, Arena Wealth Management S.A CEO Thorsteinn Olafsson said today. Chinese footwear retailer, C Banner International Holdings Limited, purchased the trading group that operated under the famous Hamleys brand…….
Ion Pacific, a new investment bank, today announced the launch of its operations, following licensing approval by Hong Kong’s Securities and Futures Commission. Ion Pacific is headquartered in Hong Kong with offices in Europe and the U.S…….