Tag archives for Asia

Global Economics

India’s economic problems

In 2003, Jim O’Neill, a global economist at Goldman Sachs proposed a term BRIC for four emerging markets – Brazil, Russia, India and China. O’Neill believed that these countries possessed immense potential which would ultimately materialize and result in them becoming the most dominant economies by 2050. For India...
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Business and Investing Strategy

Doing Business in Asia

Discussions about China’s economy becoming the biggest in the world are now focusing on when rather then if.  Of course, these predictions about ‘when’ vary significantly from IMF’s 2016 to the early 2020’s from international banks Citibank & HSBC to the World Banks conservative estimate that the ‘largest economy’...
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International Banking

Asia’s growing wealth and the importance of wealth management

According to RBC Wealth Management, the number of rich Asians surpassed North Americans for the first time last year. This growth in wealth is highlighted earlier this year, by the Boston Consulting Groups Wealth report indicating that Singapore’s small island nation had the highest percentage of millionaire households in...
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Global Economics

Oh, Those Lucky Billionaires!

A recent study from Singapore based Wealth-X showed billionaires had a better year than millionaires during the year ending July 31.  Wealth-X’s World Ultra Wealth Report focuses on the distribution of the worlds ‘ultra rich’, the super duper wealthy, those that are so rich they probably don’t know how...
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