Rising costs have been forcing many banks and other financial institutions in Hong Kong to move back-office operations from Central to less expensive parts of town, writes Michael Taylor.
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Hong Kong is not really a hub for Islamic finance, with more of this type of business in the Far East run out of Singapore, Kuala Lumpur and Jakarta, says John Mullally.
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Nielsen survey shows US, Chinese and Japanese consumers more upbeat in Q2, while Indonesia remains the world’s most bullish consumer market and Portuguese is the most pessimistic
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Asuransi Allianz Life Indonesia plans to double its share of the takaful, or Islamic insurance, market in five years as it joins insurer Sun Life Financial Indonesia in forming partnerships to tap Muslim wealth.
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