More than 10,000 millionaires have left Britain in a year – this is where they’re all going Personal Finance More than 10,000 millionaires left Britain last year, partly to avoid higher taxes – with many quitting for more glamorous destinations. In total Britain lost a net 10,800 millionaires in 2024, according to the New World Wealth (NWW) analytics firm, more than any other country except China. That is a rise of 157 per cent [...]
Chinese stocks post best week since 2008 Investing Chinese and China-focused stocks posted their best week since 2008 last week, with the CSI 300 index shooting up 15.7 per cent after strong economic stimulus measures were put in place by the country’s government. Every index tracking Chinese stocks benefited from the measures, with Hong Kong’s Hang Seng index rising more than 13 per [...]
UK signs trade pact with Thailand in bid to boost exports Politics The UK has signed an enhanced trade pact with Thailand in an effort to boost British exports and drive investment. Trade minister Douglas Alexander inked the enhanced trade partnership (ETP) agreement with Thai commerce minister Pichai Naripthaphan in Bangkok this morning (Wednesday). It came during the Blair-era minister’s first visit to Asia after being re-elected [...]
Spread power with words: Asian Dub Foundation interview August 29, 2024 In the wake of the riots, the Asian Dub Foundation shows us the political power of music. Guitarist Steve Chandra Savale speaks to Lucy Kenningham
Lush posts huge loss but hopes SpongeBob SquarePants and Barbie deals can turn fortunes around May 17, 2024 Lush is seeking the help of SpongeBob SquarePants and Barbie to help it boost sales and return to profit.
Small trust worth £30m moves in for £600m Abrdn Asia Dragon May 7, 2024 In a stock exchange announcement, Ashoka's trust said it had put forward a proposal to merge the two trusts, with the option of a cash exit of up to 50 per cent for Asia Dragon shareholders.
Growth markets India and Thailand help Prudential keep up the momentum April 30, 2024 Prudential said these figures reflected the group's "strong momentum" despite strong comparators in the same period last year.
Japan funds boom as stock market hits record high March 16, 2024 The Japanese stock market reached a 34-year high last month, and investors in the Asian market are getting the best news they’ve heard in decades. The Japanese Nikkei 225 has risen 42.5 per cent over the last year, compared to the 1.2 per cent growth in the FTSE 100 over the same period. Last month, [...]