Showing 10438 results for "wealth"
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World 28 Mar 2025 | 05:29 PM

AU calls for "bold actions" to harness Africa's mineral wealth

ADDIS ABABA, March 28 (Xinhua) -- The African Union (AU) has called on African countries to harness the continent's vast mineral resources through coordinated efforts to drive sustainable development, industrialization, and economic transformation.

Esg 27 Mar 2025 | 11:00 PM

From waste to wealth: SMEs turning environmental challenges into profit

One may not realise how everyday actions add tocarbon footprint. Did you know that:

Indonesia 24 Mar 2025 | 02:31 AM

No politics, just business, says key official at Indonesia’s new wealth fund

JAKARTA: Indonesia's sovereign wealth fund Danantara will focus on investments in the mineral sector, digital infrastructure, renewable energy and healthcare, among others, even as critics questioned its ability to avoid mixing business with political interests.

China 7 Mar 2025 | 07:37 AM

China online shops sell ‘bank soil’ from top institutions for US$120, claims it brings wealth

Online shops in China are selling so-called bank soil, claiming it was dug up from outside major Chinese banks and can bring wealth and good fortune to buyers.

Corporate News 6 Mar 2025 | 11:00 PM

Cho Jung-ho nears Samsung’s Lee in wealth

South Korean finance tycoon Cho Jung-ho is edging closer to ending Samsung Electronics Co executive chairman Jay Y Lee's two-and-a-half-year reign as the nation's richest person.

Corporate News 26 Feb 2025 | 11:00 PM

Indonesia’s sovereign wealth fund may crowd out private sector

Danantara, the nation's newly established sovereign wealth fund, may end up stifling growth instead of fuelling it, analysts warn.

Indonesia 25 Feb 2025 | 11:00 PM

New sovereign wealth fund launched

Prabowo's latest initiative to deliver on his ambitious economic growth target of 8%.

Economy 20 Feb 2025 | 11:00 PM

Singapore’s car permits, wealth funds help surplus

The Singapore government sourced billions of dollars more than it initially expected from the auction of near-record high car permits, income tax and contributions from its state wealth funds, according to budget data released on Tuesday.

Indonesia 28 Feb 2025 | 05:35 AM

Distrust in Indonesian wealth fund Danantara sparks online calls to switch banks

Growing public distrust of the newly formed sovereign wealth fund, Daya Anagata Nusantara (Danantara), has sparked online discussions on switching banks and cash withdrawals, leading analysts to debate the actual risks of a potential bank run or the ensuing economic crisis.

Banking 18 Feb 2025 | 11:00 PM

OCBC client facility redefines wealth management in Malaysia

OCBC Bank Malaysia Bhd has officially opened its flagship Premier Private Client Centre on Jalan Ara, Bangsar Baru, marking a significant milestone in its wealth management strategy.

Indonesia 24 Feb 2025 | 04:48 AM

Prabowo aims to send US$20bil in budget savings to sovereign wealth fund Danantara

JAKARTA: Indonesia will channel US$20 billion in budget savings to its newly created Danantara investment body to help finance 20 high-impact national projects, President Prabowo Subianto said on Monday (Feb 24

Technology 14 Feb 2025 | 09:18 AM

AI to transform wealth management, Microsoft executive says

ZURICH (Reuters) - Artificial intelligence will bring major upheaval to wealth management, a Microsoft executive said, as the technology's potential to process information vastly reduces the hurdles required to compete with established banks.

Philippines 21 Feb 2025 | 06:45 AM

‘Neglected and forgotten’ Marcos wealth case junked

MANILA: 'Neglected and forgotten'. Thus said the antigraft court as it dismissed another ill-gotten wealth case against the late President Ferdinand Marcos Sr, his wife, Imelda, and their government photographer Fernando Timbol that was left pending due to the inaction of government lawyers.

Technology 3 Feb 2025 | 11:37 PM

Trump orders creation of US sovereign wealth fund, says it could buy TikTok

WASHINGTON (Reuters) -U.S. President Donald Trump signed an executive order on Monday ordering the creation of a sovereign wealth fund within the next year, saying it could potentially buy the short video app TikTok.

Starpicks 27 Jan 2025 | 10:05 AM

Building resilience through diversified wealth management strategies

Hong Leong Bank’s Wealth Symposium 2025 shares this year’s economic house view; anticipates up to 5% growth for Malaysian economy.

World 18 Feb 2025 | 05:27 AM

Russia's wealth fund chief says Trump is a problem solver ahead of Riyadh talks

RIYADH (Reuters) - The head of Russia's sovereign wealth fund on Tuesday described U.S. President Donald Trump as a problem solver ahead of U.S.-Russian talks in Saudi Arabia, the first high-level, in-person discussions in years between the two countries.

World 4 Feb 2025 | 04:45 AM

Vietnam's gold ring price hits all-time high ahead of God of Wealth Day

HANOI, Feb. 4 (Xinhua) -- The gold ring price in Vietnam surged to a new historic peak of over 90 million Vietnamese dong (3,573 U.S. dollars) per tael on Tuesday morning ahead of the God of Wealth Day (Feb. 7), local media reported.

Banking 23 Jan 2025 | 12:25 AM

HSBC opens flagship Wealth Centre in TRX

KUALA LUMPUR: HSBC has opened its flagship Wealth Centre in Malaysia, located in Menara IQ at the Tun Razak Exchange (TRX), to cater for HSBC’s Premier Elite and high-net-worth clients.

Corporate News 16 Jan 2025 | 10:34 AM

HLB appoints Jeffrey Yap as head of regional wealth management

PETALING JAYA: Hong Leong Bank Bhd (HLB) has appointed Jeffrey Yap, a seasoned investment professional with over 28 years of experience in global financial markets, as head of regional wealth management, with immediate effect.

Vietnam 7 Feb 2025 | 10:20 AM

Hanoi residents queue from 3am to buy gold on God of Wealth Day

HANOI: People in the capital city waited outside gold shops from 3am on Friday (Feb 7), due to their belief that buying gold on the God of Wealth Day will lead to a lucky and prosperous year.

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