Yield curve inversion sounds recession alarm bell – Industry roundup: 4 July
by Graham Buck
BoA and Citi query Fed stress test result; China slaps curb on chipmaking metals; Asian manufacturing activity slows; Australia keeps rates on hold
Asia
Study shows CBDC projects now in 130 countries – Industry roundup: 29 June
by Graham Buck
Executive pay linked to ESG goals; US study focuses on supplier payments; HKMA aims to restructure banking system; Quant launches Overledger Platform
Sustainability and climate reporting standards published – Industry roundup: 27 June
by Graham Buck
Don't underestimate inflation says IMF; US$6.3 billion bid for semiconductor firm; Bundesbank denies bailout report; HSBC HK moves into crypto
EU bank plans debut ‘debt-for-nature’ swap – Industry roundup: 22 June
by Graham Buck
Powell indicates Fed plans more rate hikes; Bank hikes UK rates to 5%; Yuan heads lower against the dollar; India to raise US$244m for infrastructure
IMF works on a central bank digital currencies platform – Industry roundup: 20 June
by Graham Buck
CHAPS transitions to ISO 20022; Hong Kong aims to boost stock market; Thailand debuts green and blue bond; Cyber attack hits European Investment Bank
More US rate hikes to come, says the Fed – Industry roundup: 15 June
by Graham Buck
Investors return to Japan; Clearstream, Consort1 expand repo market access; Lithium is focus of EU-Argentina MOU; Appetite revives for green bonds
US Treasury resurrects one-day bills – Industry roundup: 6 June
by Graham Buck
Australia surprises with rate hike; Hong Kong green bonds raise US$6bn; Japan's tourism revival boosts wages; Vote decides future of UK's CBI
Market has one month left to end of Libor – Industry roundup: 1 June
by Graham Buck
Accord on raising US debt ceiling; Emerging Asia "will be economic powerhouse"; WE Soda's planned IPO boosts London; Australia's minimum wage to rise
Fourteen countries agree new supply chain network – Industry roundup: 30 May
by Graham Buck
Insurers exit climate alliance; OCBC and ADDX in tokenisation initiative; Indosat-Mastercard digital partnership; Honk Kong lifts crypto restrictions
Germany’s economy entered recession in Q1 – Industry roundup: 25 May
by Graham Buck
Two banks breached UK competition rules; South Africa hikes rates for 10th time ; Citi drops Banamex sale plans; AIIB plans emergency funding
India announces end of the 2,000 rupee banknote – Industry roundup: 23 May
by Graham Buck
Bank of Israel hikes rates again; Book claims state-sponsored Libor rigging in 2008; US companies rush to borrow; Study identifies ESG pay boost in US
New York Fed and MAS explore potential for wholesale CBDCs in cross-border payments
by Ben Poole
The pair revealed the results of the joint Project Cedar Phase II x Ubin+ experiment.
Japan’s economy revives after dip into recession – Industry roundup: 18 May
by Graham Buck
Central banks increase use of yuan; BNP Paribas team on US debt ceiling; Kenya fintech M-Kopa raises US$250m; Swan, Citi embedded finance launches
Election uncertainty pushes Turkish lira to record low – Industry roundup: 16 May
by Graham Buck
China opens new Swap Connect prog; Singapore's new anti- crime platform; Thailand's economy buoyant in Q1; Amex closing non-US business FX ops
Cost of US credit default swaps soars – Industry roundup: 11 May
by Graham Buck
HK overnight funding rates soar; Crypto exchange Bittrex files for bankruptcy; Bank opinion divided on ESG; Visa CBDC project aids Brazil’s farmers
Clock ticking for US government debt ceiling rise – Industry roundup: 9 May
by Graham Buck
Malaysia-Indonesia payments link; Europe banks on bigger gas price drop; Apple returns to bond market; Free trade benefits for Africa outlined
South Korea to open climate tech hub in 2024 – Industry roundup: 4 May
by Graham Buck
US retailers welcome FedNow; Covid creates need for extra training; Fed hints at easing rate hikes; SocGen warns of credit crunch fallout
US efforts continue to rescue First Republic – Industry roundup: 27 April
by Graham Buck
New milestone for Chinese yuan; Visa has ambitious crypto plans; Report bullish on CBDCs; Distressed US firms opt to restructure
BRICS flexes muscles as it challenges US dollar – Industry roundup: 25 April
by Graham Buck
China, Singapore unite on sustainable finance; Chile to nationalise lithium reserves; Meloni upbeat on MPS sale; Zimbabwe's digital currency plans
Japan’s SMFG is first to resume CoCo bonds – Industry roundup: 20 April
by Graham Buck
ChatGPT "can decipher Fed speak"; Greek economy wins seal of approval; Red flag reappears in corporate bonds; Tanzania in rare earth development deal
Report says banks allocated US$66bn to fossil fuels in 2022 – Industry roundup: 18 April
by Graham Buck
Bank support shrinks for North Sea firms; UK's CFOs more upbeat; Brazil's BNDES signs deal with China; BIS head warns on financial stability
Low interest rates will return, IMF predicts – Industry roundup: 11 April
by Graham Buck
Emerging economies face debt crunch; Covid "decimated EM forex reserves"; Indonesia plans free trade deal with US; Tunisia is latest BRICS contender
India’s Icegate system snarls up supply chains – Industry roundup: 6 April
by Graham Buck
EU Chips Act set to get go-ahead; UAE's digital currency moves forward; Alibaba restructure divides opinion; Mastercard demands greener plastic
More South Korean companies issue corporate bonds – Industry roundup: 4 April
by Graham Buck
Cineworld emerges from Chapter 11; Squeeze tightens on MTS Bank; Credit Agricole expands in China; Tranglo adds instant SEPA payout to Europe