Finance

Americas

Wall Street finishes flat ahead of earnings season, key US-China meeting

It was a fairly flat session on Wall Street overnight, as investors exercised caution ahead of the first-quarter earnings season and a meeting between the US and Chinese presidents later this week. Investors will be focussed on the potentially tense meeting between Donald Trump and Xi Jinping on Thursday and Friday, after Mr Trump held out the possibility...

GLC Advisors Strengthens Advisory and M&A Expertise with Addition of Senior Bankers

Addition of Several Industry Bankers Including Former St. Charles Capital Professionals Deepens Firm’s Expertise and Relationships Across Technology, FIG, Consumer, Retail and Energy IndustriesGLC Advisors & Co., LLC (“GLC Advisors”) is pleased to welcome nine seasoned M&A professionals, including former Partners and professionals of Denver based...

Columbia Threadneedle opens office in Chile

Columbia Threadneedle Investments has opened its first Latin American office in Santiago, Chile. As its first proprietary distribution hub for the Andes (Chile, Peru and Colombia), the new office will serve the asset manager’s institutional and wholesale clients in the region. Columbia Threadneedle has also appointed Santiago Zarauza Riestra...

TCA Fund Management Group Seeks New Opportunity Among Under-Served Small And Middle Market Developing Companies

Specialist finance and advisory firm TCA Fund Management Group Corp. (‘TCA’) announced its intention to launch a small-cap private equity fund to invest in under-served growth stage companies, primarily in the US and UK. TCA Opportunities Fund I, LP, registered with the Guernsey Financial Services Commission will seek just to target 15 to...

Baird and BR Partners announce investment banking alliance

Baird, an employee-owned, international financial services firm, and BR Partners, a leading independent investment bank in Brazil, today announced a strategic alliance for investment banking services, with an initial focus on cross-border mergers & acquisitions (M&A) between Brazil and Europe, and Brazil and the U.S. Through the alliance, the...

Asia Pacific

A “blasphemy killing” at a university shocks Pakistan

IN THE room of Mashal Khan, a student at Abdul Wali Khan University in Mardan, a dusty town in north-west Pakistan, the late occupant’s handwriting is on almost every surface. Some of his scribblings in felt-tip pen are banal (“You beauty”) or crude (“Get your burger-flipping ass outta here”). But many hint at an idealistic and fiercely...

A new bill reveals the Japanese government’s authoritarian streak

FOR several weeks Japan’s Diet has been debating a law that would punish people who plan to commit crimes. The government says the conspiracy bill will protect the nation from terrorism. In a country where crime has fallen to a record low (a single fatal shooting was recorded for the whole of 2015) and where the last big terrorist attack was...

Vietnam uses an old naval base to make new friends

Diplomacy by other means NEAR the point where Vietnam bulges deepest into the South China Sea lies Cam Ranh Bay, perhaps the finest natural deepwater harbour in South-East Asia. France based a fleet there in colonial times. Russian ships made use of it in the Russo-Japanese war, Japanese ones during the second world war and American ones during...

What the trials of migratory birds say about Asia’s development

KATHERINE LEUNG was hunting for birds—black-tailed godwits to be precise. Armed with a wide net, she stood at dusk amid the Mai Po Marshes, a wide expanse of mudflats, mangroves and shrimp ponds on Hong Kong’s border with mainland China, trying to nab a couple of birds as they came to roost after feeding. In her pocket were two tiny and expensive...

A tense election threatens Indonesia’s religious tolerance

How would God vote? THE mood in Jakarta was jittery in the days leading up to its gubernatorial election on April 19th. Around 64,000 police, soldiers and other security personnel were deployed to keep the peace. At least one policeman guarded every one of the 13,000-odd polling stations. Islamist agitators implied the incumbent governor, Basuki...

Mena

World's leading Takaful forum delivers dedicated InsurTech stream

Over 250 Leading experts and Technology Gurus converged on the final day of the 12th Annual World Takaful Conference Building on the proceedings of Day 1 that witnessed over 350 Takaful leaders converge with the aim of fostering industry-wide collaboration, the second and final day of the 12th Annual World Takaful Conference convened by Middle...

Director General of Insurance Authority inaugurates world's largest Takaful gathering

Over 350 Takaful leaders converged with the aim of fostering industry-wide collaboration at the 12th Annual World Takaful Conference This morning, a packed audience of over 350 key industry leaders gathered from various markets ranging from the MENESEA, witnessed path-breaking insights unfold at the 12th edition of the World Takaful Conference (WTC)....

Milliman to launch Global Takaful Report 2017 at 12th edition of World Takaful Conference

The 12th annual World Takaful Conference (WTC), convened by leading financial intelligence platform, Middle East Global Advisors, will serve as a platform for the exclusive launch of a unique report by one of the world’s largest actuarial and consulting firms. Milliman will present the Global Takaful Report 2017, entitled “Market Trends...

​World Takaful Conference to highlight how embracing a sustainable competitive strategy is the need of the hour for Takaful Operators

12th edition of conference to focus on the need for Takaful operators to revamp current strategies with the aim of increasing dwindling bottom line and underwriting profit margins. The 12th annual World Takaful Conference (WTC), convened by leading financial intelligence platform, Middle East Global Advisors, and held in strategic partnership with...

Harmonization of industry regulatory frameworks a key theme at World Takaful Conference 2017

12th edition of conference to spearhead discussions underscoring the need for more collaboration amongst regulators and standard setters to address the prevalent fragmentation of the Takaful industryThe 12th annual World Takaful Conference (WTC), convened by leading financial intelligence platform, Middle East Global Advisors, and held in strategic...

International

Trump’s Tax Plan: Low Rate for Corporations, and for Companies Like His

President Trump plans to unveil a tax cut blueprint on Wednesday that would apply a vastly reduced, 15 percent business tax rate not only to corporations but also to companies that now pay taxes through the personal income tax code — from mom-and-pop businesses to his own real estate empire, according to several people briefed on the proposal.The...

Trump Rides a Market Wave, but Business Looks for Results

The investor enthusiasm that began with President Trump’s unexpected victory in November has burst out anew on Wall Street, even as Washington remains gridlocked and evidence of any real pickup in the economy is scarce.Stocks have surged 5 percent since Mr. Trump took office on Jan. 20. And that is on top of the 6 percent rally that followed his win...

Lumber Tariff Adds Wrinkle to Nafta Talks With Canada

OTTAWA — When previous American presidents have taken trade action against Canadian lumber, it has generally been considered relatively routine. The row between the two countries goes back decades.But the Trump administration seized on the decision to slap tariffs on the industry’s exports as a way to demonstrate the president’s tough-on-trade...

An Ad Woman at the Top of an Industry That She Thinks Still Has Far to Go

[unable to retrieve full-text content]Carol H. Williams, who was behind major campaigns for Pillsbury, Secret and Disney, will be only the second black woman in the Advertising Hall of Fame.Read More

Trump Is Said to Abandon Contentious Border Tax on Imports

WASHINGTON — The Trump administration has dropped any support for a so-called border adjustment tax on imports, according to two people who have been briefed on the matter.The tax was intended to be the keystone of a tax reform proposal developed by Republican leaders in the House of Representatives. But it faced immense pushback from influential...