Business

A boom in mainland Chinese family offices setting up in Singapore is drawing in thousands of financial professionals, including from global investment banks, creating what some finance heads are calling a new “hedge fund” industry in the city-state.Wealthy mainland Chinese moving assets out of President…

Southeast Asian markets are in for a ‘bungee jump’ in 2023, according to JPMorganSoutheast Asian markets will move in a trajectory resembling that of a “bungee jump” next year — taking a plummet before surging in the second half of 2023, JPMorgan wrote in a…

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