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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. ....
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. ....
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. ....
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. ....
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. ....