Search Results for: Asia
Fintech regulation has been a key agenda item at recent meetings of peak financial regulators
April 11th, 2016
The Australian Securities and Investments Commission is talking to the Monetary Authority of Singapore about an agreement to ensure that regulation does not hinder the progress of fintech start-ups looking to operate across the countries’ borders. Fintech regulation has been a key ...
LCH.Clearnet licenced to clear interest rate derivatives in Japan
April 11th, 2016
Japanese Financial Services Agency approves LCH.Clearnet Ltd to clear non-Yen OTC interest rate derivatives for Japanese banks Demonstrates LCH.Clearnet’s long-term commitment to Japan and the wider Asia-Pacific region First foreign financial markets infrastructure provider to be licensed locally in ...
China Foreign-Exchange Reserves Rise for First Time in Five Months
April 8th, 2016
Increase comes as the yuan has staged a recovery in recent weeks China’s foreign-currency reserves rose during March, the first increase in five months, a sign Beijing may have partially succeeded in stemming heavy capital outflows that destabilized global ...
United States expected to take top position from China as the most competitive manufacturing country, according to Deloitte report
April 7th, 2016
The United States is expected to become the most competitive manufacturing nation over the next five years, with the current leader, China, slipping into second position, according to the 2016 Global Manufacturing Competitiveness Index (GMCI) report from Deloitte Touche Tohmatsu Limited’s ...
KPMG’s Transaction Advisory Services achieves ALM Intelligence Vanguard Leader status
April 6th, 2016
KPMG International received a top performance evaluation from ALM Intelligence analysts for its depth of Transaction Advisory Services provided to clients worldwide in 2015. KPMG was seen as one of a few select organizations to earn the prestigious ALM ...
Barclays again warns on investment bank results
April 6th, 2016
Trading update states profits from investment arm will not be as high as previous year as bank seeks permission to sell off African operations Profits in Barclays investment banking arm will not be as high as last year, the bank said, ...
China Forex Losses Jump 13-Fold as Investors Brace for More
April 6th, 2016
Continued yuan depreciation’ to hurt bottom lines: Schroder Air China, Agile Property to cut exposure to dollar debt The impact of August’s yuan devaluation has shown up in Chinese publicly traded companies’ annual results — and investors are bracing ...
Shinzo Abe Says Countries Must Avoid Competitive Currency Devaluations
April 6th, 2016
Prime Minister Shinzo Abe said countries should avoid competitively devaluing their currencies, speaking after the dollar fell to its lowest level against the yen in nearly a year and a half. The yen’s rise against the dollar has accelerated in the first months ...
Can A Divided OPEC Agree On Anything In Doha?
April 6th, 2016
Only two weeks remain until the fated meeting between the OPEC countries and their counterparts from outside the organization, scheduled to take place in the Qatari capital of Doha on the coast of the Persian Gulf. The meeting could ...
Credit Suisse, HSBC dismiss ‘Panama Papers’ tax avoidance allegations
April 6th, 2016
Credit Suisse and HSBC, two of the world’s largest wealth managers, dismissed on Tuesday suggestions they were actively using offshore structures to help clients cheat on their taxes. Their comments came a day after a leak of four decades ...
