Australia ‘big three’ join IBM on blockchain bank guarantee pilot
by Graham Buck
ANZ, CBA and Westpac plus Westfield shopping centres are trialling Lygon, a digital bank guarantees platform using the technology
Cash & Liquidity Mngm in Asia-Pacific
Background
There are some 40 countries in the Asia-Pacific region ranging from some of the poorest to rich countries like Japan and New Zealand. There is also a major difference between the countries' cash…
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Deutsche Bank completes renminbi transaction ‘first’ for tech firm
by Graham Buck
The bank announced its debut RMB foreign debt centralised management transaction under SAFE rules for Delphi Technologies
China’s regulator ‘to tighten rules for cash management products’
by Graham Buck
The China Banking and Insurance Regulatory Commission wants the treatment of CMPs to be similar to money-market funds, a report states
RMB May 2019: retained 5th position as most active by value
by Jack Large
Grew faster than other currencies; UK still heaviest user
JP Morgan’s stake in Mumbai fintech ‘reflects Asian ambitions’
by Graham Buck
Transaction banking in Asia’s major emerging markets is confirmed as a key focus for the US bank
ESG bonds boom in South Korea
by Graham Buck
June 2019 is shaping up to be a bumper month, with major green bond offerings and a social covered bond
Malaysia’s PNB pledges to optimise liquidity management
by Graham Buck
The government-linked investment company plans to invest more overseas and accelerate its diversification strategy
Singapore scores for Asian transaction banking
by Graham Buck
The city state’s banks top customer satisfaction levels in the region for key products and services, an East and Partners survey finds
JP Morgan extends cross-border digital payments to China
by Graham Buck
The new service makes the US giant the first foreign bank in China to digitise and automate cross-border payments of goods
New Zealand readies for era of open banking
by Graham Buck
The Bank of New Zealand, one of the country’s big four, outlines its approach as the country slowly progresses towards the new regime
Reserve Bank of Australia chivvies banks on payments
by Graham Buck
The regulator accuses the country’s big four of dragging their heels on opening up the country’s New Payments Platform
Ford collides with China’s antitrust regulator
by Graham Buck
The US motor giant’s Changan unit is fined US$23.6m with warnings that a list of “unreliable” foreign businesses is being compiled.
Moody’s supports new liquidity requirement for India’s non-banks
by Graham Buck
The new LCR, to be phased in from April 2020, is among a number of measures introduced since the demise of a major lender last autumn.
Credit Suisse pioneers first in Singapore dollar bond market
by Graham Buck
CS’s first Singapore dollar-denominated AT1 perpetual bond is hailed as a new source of bank funding that diversifies the investor base
India’s RBI issues liquidity management guidelines
by Graham Buck
The country’s central bank is proposing new rules for non-banking finance companies to help them deal with severe liquidity problems.
Taiwan completes its first sustainability-linked loan
by Graham Buck
The three-year loan is the first for an Asian-Pacific IT company to be evaluated using environmental, social and governmental metrics.
Asian Development Bank funds Philippines, India rail projects
by Graham Buck
The ADB will provide funding of up to US$2.75bn in its single largest infrastructure project financing to date.
India’s SEBI encourages fintech start-ups
by Graham Buck
The Securities and Exchange Board of India published a raft of proposals to encourage the development of fledgling firms
Philippines returns to the panda bond market
by Graham Buck
The Republic of the Philippines accessed the market for the second time in 15 months with a 2.5 billion yuan offering.
Hong Kong gives green light to more virtual banks
by Graham Buck
Competition in the banking sector has intensified as the Hong Kong Monetary Authority hands out a batch of new licences.
China begins trading of defaulted corporate bonds
by Graham Buck
The first completed transactions could see the development of a future junk bond market in the country.
Chinese corporate defaults on an upward curve
by Graham Buck
This year will be by far the biggest for defaults in China’s $13 trillion bond market, predicts Bloomberg.
Hong Kong chooses Euroclear international ETF structure
by Graham Buck
Hong Kong Exchanges & Clearing is Asia’s first stock market to adopt the ICSD exchange traded funds settlement model in Euroclear Bank.
Thailand moves closer to central bank digital currency
by Graham Buck
The Bank of Thailand’s project prototype is being finalised by the R3 blockchain consortium and Wipro.