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Portugal Wine Sales Rise as Asia, Ex-Colony Demand Grows – Bloomberg

0savesSave On the top floor of Angola’s tallest building, overlooking the bay of the capital Luanda, a relatively unknown bottle of Benfeito Portuguese wine sold for a record $ 21,600 at an auction. In...

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Among Asia’s hedge funds, smaller was better last year – Reuters UK

0savesSave Link this Share this By Nishant Kumar HONG KONG (Reuters) – For those investing into Asia’s hedge funds last year, smaller was better. The region’s largest hedge funds – those managing more...

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Singapore Dollar Losing Luster to Higher Returns: Southeast Asia – Bloomberg

0savesSave Singapore’s dollar will underperform most regional counterparts this year as a pickup in the global economy and faster growth among its peers reduces demand for the republic’s top-rated...

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Asia stocks choppy but Japan slides – MarketWatch

0savesSave By Sarah Turner, MarketWatch SYDNEY (MarketWatch) — Asia stocks traded lower on Monday, with Japanese shares sliding back from last week’s multi-year peaks ahead of a two-day meeting at the...

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Barclays Asia Division Hit With Layoffs – Wall Street Journal

0savesSave By P.R. VENKAT, CYNTHIA KOONS and ISABELLA STEGER Barclays PLC is laying off 15% of the employees, or about 70 people, from its investment banking division across Asia starting Thursday,...

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