UK could fall behind India and France in global economy
The global economy is expected to slow next year with growth between 2016-2018 ‘now over’
Asia
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Singapore’s MAS extends ban on former Goldman Sachs director
This comes after an admission to criminal charges brought against the former employee by US authorities
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CISI partners with Indian university to offer courses
Deal to give students at the institution the chance to study for the professional body’s exams
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Green bonds are not the same as equity counterparts
The ESG element has no impact on performance, according to one expert
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Consumerist sector is India’s investment frontier
‘India is only at the start of its journey’
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Hong Kong’s financial services leaving women behind
Over half of entry-level jobs are filled by women, but only a third hold senior positions
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Goldman Sachs facing $3.3bn in fines over 1MDB fraud
Malaysia’s attorney general says Goldman misled investors and knew funds would be misappropriated
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Ping An rolls out two Hong Kong ETFs
Both listed on the Hong Kong Stock Exchange
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Foreign investors eyeing China funds, says UBS AM
The firm is also continuing its build-out in the mainland, despite onshore sentiment
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Islamic finance education to get a boost
Global market for Islamic financial services is expected to reach $3trn this year
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More investors move away from sterling-exposed funds
But a Brexit deal ‘could see a strong rally in sterling and UK domestically focused shares’
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India is top global destination for remittances
But the future growth of remittances is vulnerable to lower oil prices and restrictive migration policies