South Korea’s semiconductor sector booms – Industry roundup: 28 December
by Graham Buck
S&P expects tough 2024 for US banks; New deputy for China's central bank; AML regulation update for Egypt's banks; Hong Kong rules for stablecoin
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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India to become world’s third US$10 trillion economy by 2035, report predicts – Industry roundup: 27 December
by Graham Buck
Maersk resumes Red Sea shipments; Clothing sustainability drive in Ireland; France fossil fuels ruling to hit ESG funds; Lidl UK CFO departs
China uses digital currency for gold cross-border payment – Industry roundup: 22 December
by Graham Buck
UK agrees banking deal with Switzerland; Turkey's interest rate hits 42.5%; Brazil's 2024 growth outlook trimmed; Canada approves RBC-HSBC deal
Japan ending 2023 with rates still negative – Industry roundup: 20 December
by Graham Buck
UK inflation falls to 3.9%; Norway advances CBDC pilot; BNP Paribas signs new securitisation; Philippines incentives for sustainable finance
Operation Prosperity Guardian to protect Red Sea shipping – Industry roundup: 19 December
by Graham Buck
Buliish growth outlook for China and India; Germany's business sentiment worsens; Cambridge Uni could drop Barclays; HK seeks more digital green bonds
USDC ranked as strongest stablecoin by S&P Global – Industry roundup: 14 December
by Graham Buck
DWS forms euro stablecoin j-v; US households are cash resilient; UK payments regulator wants card fees cap; Japan urged to speed up digital yen
Eurozone enters its first post-pandemic recession – Industry roundup: 12 December
by Graham Buck
EBRD outlines approach to nature; Five countries back nuclear supply chain; UK open banking procurement network; Goldman expects US rate cuts in 2024
UK cash usage up after prolonged decline – Industry roundup: 7 December
by Graham Buck
Australia and Canada hold rates; Italy and South Korea partner on CBDC; BlackRock expects more volatile era; Japan's major firms upbeat
Hong Kong and Thailand link rapid payment systems – Industry roundup: 5 December
by Graham Buck
Gold set to remain at record highs; Chase tipped as new Apple Card partner; US call for cash flow accuracy; Qataris halve stake in Barclays
COP28 begins with focus on climate finance – Industry roundup: 30 November
by Graham Buck
China factory data dips again; Deutsche Bank downbeat for 2024; Eurozone corporate lending drops; Climate change impacts grocery bills
China bank-backed dollar bond sales tumble – Industry roundup: 28 November
by Graham Buck
Japan's inflation edges higher; Metro Bank rescue approved; Invest America initiative gains traction; CBA draws Australia's young tycoons
Argentina set for economic shake-up under Javier Milei – Industry roundup: 21 November
by Graham Buck
China keeps rates on hold; Support for Bank of Israel chief; World Bank commits US$12bn to Kenya; Apple Pay adds open banking in UK
IMF chief Georgieva sees CBDCs replacing cash over time – Industry roundup: 16 November
by Graham Buck
Japan's negative rates may end in 2024; SAP: Europe to up sustainability spend; EBRD urges €4bn capital increase; Mastercard, NEC pair on biometrics
US credit rating cut to negative by Moody‘s – Industry roundup: 14 November
by Graham Buck
Eurozone growth to stay subdued; Deutsche Bank tips Turkish lira bonds; HSBC completes tokenised gold trade; Japanese sell-off US corporate bonds
Argentina’s economic outlook still murky – Industry roundup: 24 October
by Graham Buck
US 10-year Treasury yield at 16-year high; Priorities for G7 Osaka summit; Nigeria sees liquidity crunch relief; Security new 'S' of ESG
Digital euro moves a step closer – Industry roundup: 19 October
by Graham Buck
US-China chip battle escalates; Egypt first with panda bond; Shell abandons carbon offset targets; Warning on Treasury bond market
China’s Belt and Road initiative marks first 10 years – Industry roundup: 17 October
by Graham Buck
Israel's banks offer financial relief; RBA sees tokenised asset savings; South Korea fines for naked shorting; Industrial park promotes digital yuan
Hong Kong aims to revive status as financial hub – Industry roundup: 12 October
by Graham Buck
Bank of Israel head to stay on; UK economy sees modest growth; China agrees Sri Lanka debt deal; Nigeria defends the eNaira
Morocco hosts annual meeting of World Bank and IMF – Industry roundup: 10 October
by Graham Buck
Israel acts to support shekel; HSBC buys Citi China arm for US$3.6bn; Metro Bank rescued in £925m deal; India and Tanzania plan local currency trade
EU’s plans for wholesale CBDC “imminent” – Industry roundup: 5 October
by Graham Buck
EY and Microsoft to teach green skills; Japan's FSA to stress test banks; SoftBank chief expects AGI within 10 years; Kenya seeks advice on Eurobond
World Bank “could boost lending to developing countries” – Industry roundup: 28 September
by Graham Buck
Italy dilutes windfall tax plan; Tencent joins CBDC interoperability pilot; New US government shutdown near; Spain fines Big Four for overworked staff
Transnet’s woes unsettle South Africa’s businesses – Industry roundup: 26 September
by Graham Buck
Digital euro at least two years away; AIIB opens Abu Dhabi office; Telos supply chain initiative launches; Bank of Japan maintains caution
Central banks decide after Fed holds US rates – Industry roundup: 21 September
by Graham Buck
Deutsche Bank CEO warning for Germany; Goldman raises US$15bn for PE deals; Stan Chartered sustainable loans; Temenos Payments Hub on IBM Cloud
Blue bonds gaining traction in Asia-Pacific – Industry roundup: 19 September
by Graham Buck
Swift-Wise partnership launches at Sibos; Deutsche Bank offers crypto custody; Citi report on cross-border payments; NAB to exit Hong Kong