Top Section/Ad
Top Section/Ad
Most recent
Highly anticipated report did not mention future role of AT1 capital
Surprising alignment on stablecoins and strong support for tokenised assets, but details are sparse
Using AI to facilitate credit decisions poses regulatory problems
Investors should feel more confident when BNPL products are regulated like mainstream consumer credit
More articles/Ad
More articles/Ad
More articles
-
In the wake of this month's targeted reserve requirement ratio (RRR) easing moves in China there has been speculation that the People's Bank of China (PBoC) will follow up with broad-based interest rate cuts. Reports suggest the central bank may also add a Pledged Supplementary Lending facility to its range of monetary policy tools, writes Maia Ririnui of Total Derivatives. -
Australia’s minister of trade and investment, Andrew Robb, and treasurer Joe Hockey were in Beijing on Tuesday for the inaugural Australia-China Strategic Economic Dialogue meeting. The aim was to discuss a free trade agreement and ways to boost Australia’s standing as a trading and investment partner.
-
In this week's round-up, Taiwan and London released data on RMB business, London and Frankfurt announced official RMB clearing banks, Ghana and Nepal announced plans to develop more renminbi business, and a trade zone in Hengqin announced plans for RMB investment products.
-
DBS and Standard Chartered on Friday announced their first renminbi loans to clients in the Suzhou Industrial Park (SIP), a Singapore-China co-operation zone in Jiangsu province, following similar transactions completed earlier this week by ICBC.
-
China's gradual push to internationalise its currency took a step in a new direction this week with the launch by the Shanghai Gold Exchange of an international gold trading platform that will allow the trading of offshore renminbi-denominated contracts by traders with accounts in the Shanghai Free Trade Zone (FTZ).
-
The Singaporean unit of ICBC has transferred Rmb200m ($32m) to its Shanghai Free Trade Zone (FTZ) branch, in what the bank said was the first example of an RMB treasury operation between the city-state and the FTZ.
