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Dispatches: Singapore beats Hong Kong in global expat earnings poll

Singapore has the largest proportion of expatriate high earners compared to 24 countries around the world, says a HSBC survey. The Expat Explorer study by HSBC found that 45 per cent of the expats in Singapore have an annual income of US$200k or more. The worldwide average is 21 per cent. (Asia One)

AIG will keep a minimum stake of 30 per cent in AIA for at least a year after its Asian businesses are listed in Hong Kong next month. It will also be banned from selling any shares at all for six months after the listing, bankers say. (Financial Times)

Morgan Stanley remains the largest real estate fund manager in Asia Pacific, according to a survey by a Hong Kong-based industry group, despite running into difficulties with some of its investments in Japan. ( Reuters)

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