Hints and tips:
...The deal is being seen as “the Aramco moment for India”, said chief executive of rating agency CARE Ajay Mahajan, referring to the biggest-ever IPO of Saudi Arabia’s state-owned oil producer....
...Estate agency Savills estimates that the end of the equity loan could lead to a shortfall of 17,000 new homes per year compared with recent levels....
...So there’s a lot less property hitting the market,” Hudson says....
...The China Banking and Insurance Regulatory Commission, the banking and insurance regulator, also unveiled a plan to reform the country’s online insurance industry....
...Ping An has Rmb63.1bn ($9.8bn) of exposure to the country’s real estate stocks across its Rmb3.8tn of insurance funds....
...An analyst at a global rating agency said that as a result, regulators might also reconsider how much exposure to property Chinese insurers should carry....
...Additional reporting by Wang Xueqiao in Shanghai and Hudson Lockett in Hong Kong...
...The Advertising Standards Agency has said that adverts around ESG “will require greater regulatory scrutiny in future”....
...Some of those staying put are also negotiating significant discounts: the chief operating officer of an insurance agency managed to get the rent on his four-bedroom duplex in Paddington reduced about 15...
...Airline-to-insurance business HNA has come under particular pressure after buying up more than $40bn in global assets....
...Or, for insurance group Axa, a double-edged chainsaw....
...Guo Wuping, a senior official at the China Banking and Insurance Regulatory Commission, lashed out in the official media this week at “fintech companies abusing their hegemonic position”....
...CyberCube, a cyber risk modelling agency, is developing systems to help the insurers....
...The Shanghai First Intermediate People’s Court also ordered the confiscation of Rmb10.5bn ($1.7bn )in assets from Mr Wu, according to state news agency Xinhua....
...Property markets once dominated by maverick individuals are now home to trillions in pension and insurance capital, often managed by investment groups such as Blackstone and Brookfield....
...Abbassi was previously an insurance partner at Willkie Farr & Gallagher....
...The investigation into Mr Lai follows the trials of Wu Xiaohui, former chairman of Anbang Insurance Group, and Xiang Junbo, the former chief insurance regulator....
...Mr Trump tweeted in reference to the Children’s Health Insurance Programme....
...A $5.3bn tie-up between M&T Bank of New York and Hudson City Bancorp of New Jersey took more than three years to limp over the finish line....
...Nigel May, partner at MHA MacIntyre Hudson, said: “Even relatively sizeable companies don’t have people who are in a position to determine status.”...
...The Isda committee has the power to declare a “failure to pay” even if actual bondholders have not declared a default, triggering insurance-like contracts on the company’s bonds....
...The latest commitments follow China’s pledge in May to let foreign credit rating agencies operate wholly owned units in the country. Follow @gabewildau and Hudson Lockett on Twitter...
...Additional reporting by Hudson Lockett in Hong Kong...
...Among the New York properties that Fannie Mae has helped finance is 456 Washington Street, which overlooks the Hudson River in Lower Manhattan....
...He has been much helped by a New York development agency’s tax-exempt bonds, but is he making a return on his investment yet? “We’re not there yet,” he laughs....
International Edition