Top Section/Ad
Top Section/Ad
Most recent
The US bank is reshuffling several roles in the Middle East
Senior banker will move to Abu Dhabi to take up position
More articles/Ad
More articles/Ad
More articles
-
Index provider FTSE Russell will consider the inclusion of Chinese government bonds in its benchmark later this year, Hong Kong puts aside $10m for the Asian Infrastructure Investment Bank, and China’s FX watchdog publishes a guide on capital account management in Belt and Road countries.
-
The renminbi is the fifth most used payments currency in the world despite a fall in payments value in June, credit rating agencies in China are set to undergo a review by commercial banks, and the asset management arm of UBS starts a fund to tap both onshore and offshore Chinese stocks.
-
Xi calls on other countries to fight protectionism, the Chinese government modifies fiscal policy to support the central bank’s easing of monetary policy, and the securities watchdog hints at the return of stock index futures.
-
A new dawn has broken for RMB business in Japan, as the country prepares to launch its first RMB clearing bank and a local currency swap line with China. For now bankers are focusing on new renminbi investment quotas, which could mobilise the vast pool of Japanese household assets to tap onshore Chinese securities.
-
The IMF appears to have taken a cue from the Trump administration in its China country report published on July 25. The report made little effort to smooth over the urgent need for China to open up its economy and move forward with a restructuring of its regulatory setup.
-
The Hong Kong Stock Exchange has put a proposal to give weighted voting rights (WVRs) to corporate entities on ice, after a tiff with its mainland counterparts and pushback from investors. But the move is not an automatic win for its rival in Singapore, which last month allowed companies to hold dual-class shares. John Loh writes.