The world’s largest alternative asset manager Blackstone has partnered with a local industry body to launch a certification programme for Hong Kong’s wealth managers, deepening the city’s push to serve as a wealth-management hub amid growing interest in private assets. The company, which has run the Blackstone University programme for 13 years globally, will launch…
HONOLULU (Island News) – The Department of Emergency Management reported that an outage occurred for Honolulu’s 911 system on Sunday, November 17, 2024. Officials state that the system is currently down for customers using certain cell providers, including AT&T, Verizon and T-Mobile. The public is advised to contact 911 by using a landline phone. For…
Asia-Pacific’s private capital sector could get support from Chinese government stimulus as well as greater development of other financial markets in the region, according to data provider Preqin. China’s contribution to the region’s market for private capital has tumbled significantly in recent years, but stimulus measures and reforms from Beijing could spark a turnaround, said…
Hi, it’s Will Davies in Hong Kong, where our reporters have been tracking what is set to be the biggest listing by a Chinese company in two years—providing a nice boost to the city’s IPO market. Also today, private equity’s favorite borrowing tool sparks fresh scrutiny. Today’s top stories Home appliance maker Midea Group is…