
One-third of Asia’s wealth may change hands in the next five years
In the next five years, ultra-high net worth families in Asia will see a huge wave of succession, said Anurag Mahesh, APAC head for UBS’s global family office group, on the sidelines of the Global Family Office Summit in Hong Kong.
OPEC output cuts whet Asia’s appetite for North Sea oil
OPEC production cuts have created record Asian demand for European oil and made China the second biggest consumer of North Sea crude as flows from its usual Middle East suppliers dip.
Developing Asia’s 2017 growth seen as weakest in 16 years – ADB
Developing Asia is on track to post its slowest annual growth in 16 years this year as it adjusts to China’s rebalancing and possible spillovers from global policy uncertainty, the Asian Development Bank said.
Developing Asia’s 2017 growth seen as weakest in 16 years – ADB
Developing Asia is on track to post its slowest annual growth in 16 years this year as it adjusts to China’s rebalancing and possible spillovers from global policy uncertainty, the Asian Development Bank said.
Asia’s coal markets tighten on Indonesia port probe, Australian cyclone
Port disruptions in Indonesia and a cyclone hitting mines in Australia have tightened Asia’s coal markets in March, while demand in China and other key import markets remains strong, lifting prices.
Analysis: Asia’s unquenchable thirst for oil to outpace 2017 refining growth
Asia is gearing up to witness new refining capacity growth in at least four countries in 2017, but capacity reductions in some top consuming nations will pull down the net addition to a level that would be lower than the anticipated demand growth the regi
Asia’s July Iran oil imports rise 61 pct from a year ago
Imports of Iranian oil by four major buyers in Asia in July jumped 61.1 percent from a year earlier, marking the biggest