China surprises with interest rate cut – Industry roundup 23 July
by Graham Buck
China to raise retirement age; ANZ launches real-time payments; Singapore commits US$74m for AI in finance; Bank of Canada expected to cut rates
Until the early 1990s corporate treasury dealing was carried out almost entirely on the phone or via fax, but that all changed with the launch of the online trading platforms which took 61% of active…
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China to raise retirement age; ANZ launches real-time payments; Singapore commits US$74m for AI in finance; Bank of Canada expected to cut rates
by Graham Buck
UK Labour government ʺcould borrow more”; BBVA plans German digital bank; Crime spike in cashless Sweden; China presses for lower card fees
by Graham Buck
Brazil inflation setback; Technical glitch hits RBI facility; BlackRock “seeks private-debt partners”; HSBC boosts stake in China JV
by Graham Buck
Saudi Arabia joins Project mBridge; Help planned for US small businesses; Apple joins forces with OpenAI; Shangri-La Asia issues first panda bond
by Graham Buck
Australia's Q1 economic growth at 0.1%; China plans carbon measurement standards; Bloomberg offers T+1 FX fixings; IFC, HSBC aid Mexico supply chain
by Graham Buck
Challenges for Mexico's new leader; Turkey's economic growth strong; US$4bn platform for emerging markets; Malaysia invests US$100bn in semiconductors
by Graham Buck
Efama backs capital markets union; IMF raises Asia growth forecast; Shell plans US$3.5bn share buyback; Instant payments market set to boom
by Graham Buck
HSBC's chief Quinn to step down; Postbank problems hit Deutsche Bank; Boeing raises US$10bn from debt market; Eurozone inflation steady at 2.4%
by Graham Buck
EU bans goods linked to forced labour; Firms sceptical on demise of cash; Growing demand for active ETFs; Bank of Japan discusses yen's weakness
by Graham Buck
Hong Kong help for SMEs; Commerzbank fined €1.45m for AML breaches; Standard Chartered builds on aXess; Citi sells maple bonds
by Graham Buck
TSMC lifts US investment to US$65bn; IFC and DBS aim to boost trade flows; China launches tech funding programme; Grocery giants form investment fund
by Graham Buck
Reddit valued at US$6.4bn ahead of IPO; Malaysia expects 4-5% growth in 2024; Fed reassures on rate cuts; UK retailers get embedded finance lift
by Graham Buck
Japan agrees first rate hike since 2007; Unilever loses taste for ice cream; M&S plans new deal with HSBC; EU progresses on supply chain law
by Graham Buck
Singapore keeps policy on hold; Japan's digital yen progresses; Vietnam's sluggish corporate bond market; Amazon abandons US1.4bn iRobot bid
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
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
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
by Graham Buck
Brazil nears digital ID launch; Tokyo to begin carbon credits trade; Apple Wallet UK adds account checks; Helipay mulls Russia payments deal
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
by Graham Buck
Nairobi Declaration issued; Inflation spike crimps global wealth; Accord on reporting sustainability; Bank of China Saudi Arabia branch
by Graham Buck
Turkey to exit protected lira scheme; Citi outlines challenges of T+1; ARM files for IPO on Nasdaq; Germany wants tighter foreign investment limits
by Graham Buck
BAE agrees US$5.55bn acquisition; India pays for UAE oil in rupees; MAS qualified approval for stablecoins; BRICS bank issues first bonds in rand
by Graham Buck
Japan's economic growth beats forecasts; Argentina devalues and lifts rates; China economic data misses targets; Multinationals expand use of AI
by Graham Buck
Italy's banks face windfall tax; Investors regain appetite for junk; PayPal to launch stablecoin; Ripple platform for carbon market