Search Results for: China
SGX securites turnover falls 27% in August
September 7th, 2016
Securities Total Securities market turnover value fell 2% month on month and fell 27% year on year to S$20.6 billion, during 22 trading days compared to 20 in July 2016 and 19 in August 2015. Securities daily average value ...
Emerging Markets Rally as Fed Bets Pulled; Japanese Stocks Fall
September 7th, 2016
Weak U.S. economic data slashes odds of a September rate hike Japanese shares retreat as yen strengthens; oil near $45 Emerging-market stocks and currencies rallied with European equity index futures after a slew of weak U.S. economic data quelled ...
G20 summit concludes with historic consensus on world growth
September 6th, 2016
The 11th summit of the Group of 20 (G20) major economies concluded in Hangzhou on Monday, reaching extensive consensus on pursuing innovative, invigorated, interconnected and inclusive world economic growth. “Held at a critical time for world economic growth and ...
HKMA embraces FinTech as it burnishes Hong Kong’s brand to compete as Asia’s financial hub
September 6th, 2016
The Hong Kong Monetary Authority has unveiled a series of policy initiatives for banks to embrace technology, and changed the city’s tax regime to attract corporate treasury departments, as it sharpens its edge to compete with Singapore and Tokyo ...
Saudi, Russia Vow Oil Cooperation Without Agreeing to Freeze
September 6th, 2016
Countries have ‘number of tools’ for joint action, Novak says Oil pares gains as rapprochement falls short of concrete steps The world’s top two crude-oil producers pledged to cooperate to stabilize global markets, while failing to announce any specific ...
Reserve Bank of Australia decided to leave the cash rate unchanged at 1.50 per cent
September 6th, 2016
At its meeting today, the Board decided to leave the cash rate unchanged at 1.50 per cent. The global economy is continuing to grow, at a lower than average pace. Several advanced economies have recorded improved conditions over the ...
G-20 Leaders to Endorse Cross-Border Investment Guidelines
September 5th, 2016
Leaders of the Group of 20 nations meeting this weekend plan to endorse a set of principles designed to guide governments in devising cross-border investment policies, similar to how global agreements govern trade. Officials described the G-20’s plan to ...
Hanjin takes legal steps to prevent ship seizures as more vessels blocked
September 5th, 2016
South Korea’s Hanjin Shipping plans to take legal action in jurisdictions worldwide to prevent its vessels being seized, as more of its ships were blocked from docking at ports in the wake of its collapse. As of Monday, 79 Hanjin ships ...
Asia shares rally as US job report seen dimming chance of Sept hike
September 5th, 2016
Asian shares rose on Monday after a weaker-than-expected U.S. jobs report prompted investors to trim expectations that the Federal Reserve would hike interest rates as early as this month. MSCI’s broadest index of Asia-Pacific shares outside Japan extended early ...
Hanjin Shipping bankruptcy causes turmoil in global sea freight
September 2nd, 2016
The bankruptcy of the Hanjin shipping line has thrown ports and retailers around the world into confusion, with giant container ships marooned and merchants worrying whether hundreds of tonnes of goods being carried by the South Korean company will ...
