Infrastructure development in ASEAN and Asia more widely has dominated discussion on international investment flows in recent years. With the establishment of the Asian Infrastructure Investment Bank (AIIB) by China and the Asian Development Bank (ABD) identifying last month that

Asian leaders expressed their condolences for the victims of the terror attacks on the Palace of Westminster on Wednesday, in which 4 people, including a policeman were killed and 40 others injured. The attacker was shot dead by armed police, within the grounds of the UK Parliament building. Indian Premier Narenda Modi tweeted, ‘At this... View Article

The impact of Brexit on the City of London is one of the most discussed topics of the process of leaving the EU. While some EU27 members openly fight for banks to move to other EU financial centers, Germany’s Finance Minister Wolfgang Schaeuble told at a conference in Frankfurt that it is in the EU’s... View Article

Flying taxis are set to become a feature of the Singapore cityscape in the island state, in plans revealed by Ministry of Transport Permanent Secretary Pang Kin Keong at a Business Times city leaders conference Wednesday. Russian, Chinese and German companies are all developing vehicles to hover above Singapore streets, the Hoversurf Scorpion, Ehang 184... View Article

Prudential, a founding stakeholder of Asia House, posted record profits Tuesday on the back of Asian operations. The company increased operating profit in Asia by 15 percent to 1.6 billion pounds. However, operating profit at Prudential’s UK business declined by 31 percent to 828 million pounds due to regulatory charges, reports Reuters Overall operating profit... View Article

Asian equity markets edged up on Thursday, shrugging off the US Federal Reserve 0.25 percent interest rate hike to 1 percent, the highest rate since 2008. The Shanghai Composite, Nikkei and Hang Seng were up 0.72, 0.07 and 1.45 respectively, signaling a bullish trend amongst Asian investors in the face of key central bank rate... View Article

Japanese car maker Toyota gave a confidence boost to Brexit Britain announcing a 240 million cash injection in its UK Burnaston plant, according to BBC reports. The investment news comes as the Queen gives royal ascent Thursday to the European Union (Notification of Withdrawal) Bill, which passed the Lords on Monday, paving the way for... View Article

Saudi King Salman in Abdulaziz has concluded a tour of Asia, with the signing of billions of dollars of deals for further investment in the region, including Malaysia $7 billion, Indonesia $5 billion and China worth upto $65 billion in oil deals. Aramco is also exploring a possible Asian listing when it launches its highly... View Article

Asia has buoyed up profits at Savills, the UK based real estate company. Revenues at the group totaled 1.4 billion, with 486 million in the Asian business in 2016, reports the FT. The positive set of results from Asia for the FTSE 250 company come at period of uncertainty for the UK real estate market... View Article

Baroness Shriti Vadera, Chair of the Financial Services Chairmen’s Advisory Committee will be quizzed by Asia House members on the future options for city based banks at a breakfast briefing Wednesday.