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Pricey property is a pointy dilemma for Singapore

Singapore’s soaring housing prices are bucking a global slump but the trend is also turning rich overseas arrivals into an easy scapegoat for the city’s rising cost of living. If Asia’s safe haven wants to keep growing as a regional wealth hub, politicians will need to work harder to keep costs in check. ....

United States , Hong Kong , United Arab Emirates , Katrina Hamlin , Thomas Shum , Una Galani , Thomson Reuters Trust Principles , Reuters Breakingviews , Prime Minister Lee Hsien Loong , Thomson Reuters Trust , Reuters News , Trust Principles ,

China should allow cross-border data sharing, financial lobby group says

China should allow cross-border sharing of information by financial firms operating in the country, a leading financial lobby group said, as authorities tighten control of data generated within its borders in a national security drive. ....

Samuel Shen , Sonali Paul , Lyndon Chao , Neuberger Berman , Sumeet Chatterjee , Selena Li , Asia Securities Industry Financial Markets Association , Thomson Reuters Trust Principles , Fidelity International , Alice Law , Asia Securities Industry , Financial Markets Association , Thomson Reuters Trust , Rsbi Data Privacy , Sustainable Business ,

Asia lobby group pushes for easing of China's offshore listing rules

China's new offshore listing rules for domestic companies have left bankers and lawyers who work on listings unsure how to take on liabilities and avoid breaching tightened confidentiality rules, Asia's largest financial lobby group said on Tuesday. ....

Hong Kong , New York , United States , Kane Wu , Sumeet Chatterjee , Susan Fenton , Scott Murdoch , Lyndon Chao , Selena Li , Jpmorgan Chase Co , Financial Markets Association , Thomson Reuters Trust Principles , Asia Securities Industry , Goldman Sachs , China Securities , Thomson Reuters Trust , Rsbi Regulatory Oversight , Sustainable Business ,

Analysis: HSBC dumps London tower for smaller office as real estate reckoning unfolds

HSBC's move to ditch its 45-floor Canary Wharf tower in favour of a much smaller development in central London is one of the most visible examples yet of an office downsizing trend that's rocking commercial real estate markets globally. ....

City Of London , City Of , United Kingdom , Weil Gotshal Manges , Andrew Mawson , Thomson Reuter , Gerardine Davies , Mark Potter , Iain Withers , Knight Frank , Tony Travers , Credit Suisse , Thomson Reuters Trust Principles , London School Of Economic , Canary Wharf Group , City Of London Corporation , Workplace Associates , Canary Wharf , London School , Economic London , Weil Gotshal , Perenna Capital , Panorama St Paul , London Corporation , Square Mile , Wharf Group ,

Toronto set to elect Olivia Chow as its first Chinese-Canadian mayor-CBC News projects

Olivia Chow became the first Chinese-Canadian to be elected as mayor of Toronto, Canada's biggest city, on Monday, pledging to support renters, champion social causes, and reduce the sweeping powers of her office. ....

Hong Kong , Barbara Hall , Olivia Chow , Rosalba Obrien , Doug Ford , John Tory , Jack Layton , Democratic Party , University Of Guelph , Police Mark Saunders , Thomson Reuters Trust Principles , New Democratic Party , Ana Bailao , Ontario Premier Doug Ford , Toronto Chief , Police Mark , Sam Jabri Pickett Editing , Thomson Reuters Trust ,