china
South Korea Looks to Expand Yuan, Won Direct Trading Capabilities
- South Korea is poised to launch new direct trading capabilities between the Chinese yuan and the Korean won in December in a bid to help attract Chinese business and serve as a hub for yuan transactions.
Friday, 31/10/2014 | 07:57 GMT by
Jeff Patterson
China Extends Sphere of Influence in Asia by Stitching Closer Ties with Singapore
- As China's economic mass continues to expand, its influence on neighbouring countries and world markets is following suit. With Yuan liberalisation continuing at a measured pace, Singapore is in a prime position to benefit.
Monday, 27/10/2014 | 13:31 GMT by
George Tchetvertakov
China's Forex Regulator Not Worried about "Hot Money" Capital Outflows, Monitors U.S Policy
- The head of the department of international payments at SAFE explained that the decline in reserves was caused by the USD appreciation, which reduced the dollar value of the reserves held in other currencies.
Thursday, 23/10/2014 | 14:03 GMT by
Avi Mizrahi
Breaking: Markets.com Scores Big as Arsenal's New Partners
- Teddy Sagi's Forex and CFD provider is the latest to boost its brand by striking a partnership deal with a high profile football club, enjoying the Gunners' fame to enhance marketing efforts in China.
Thursday, 23/10/2014 | 13:56 GMT by
Jeff Patterson
London Metal Exchange Allies with Chinese Group to Support the Globalisation of RMB
- The London Metal Exchange, a part of Hong Kong Exchanges and Clearing Group, signed a strategic alliance agreement with China Merchants Group to further strengthen its position in the offshore RMB arena.
Thursday, 23/10/2014 | 11:28 GMT by
Avi Mizrahi
Citi Launches Automatic Renminbi Sweeping Through the Shanghai FTZ
- Cash pooling of the Renminbi currency has been an issue for virtually all companies who have been receiving cash income in CNY, the automated sweeping solution by Citi is bridging the gap though Shanghai FTZ rules.
Thursday, 16/10/2014 | 07:48 GMT by
Victor Golovtchenko
US Treasury Calls on China and South Korea to Go Further in Currency Appreciation
- As the US Treasury calls on countries to allow domestic currencies to strengthen, the government agency is forgetting that accommodative, 'weak dollar' Fed policy has been weakening the dollar and proving a competitive advantage for decades.
Thursday, 16/10/2014 | 06:28 GMT by
George Tchetvertakov
UK Treasury Taps Three Banks for Issuance of First Offshore RMB-Denominated Bond
- The triumvirate of Bank of China (Boc), HSBC, and Standard Chartered has been appointed by the UK Treasury to administer the issuance of Chinese renminbi RMB-denominated sovereign bonds outside China for the first time.
Thursday, 09/10/2014 | 17:13 GMT by
Jeff Patterson
Chinese Regulator to Liberalize Access of Non-Banks to Interbank Foreign Exchange Market
- According to the Chinese State Administration of Foreign Exchange, the regulatory framework of the interbank foreign exchange market will be led by industry self-regulation and only assisted by government regulation.
Thursday, 09/10/2014 | 07:21 GMT by
Victor Golovtchenko
World Bank Expects Asian Growth to Slow; China Remains the Major Catalyst For the APAC Region
- As China implements much needed structural reforms, the World Bank publishes a report forecasting macroeconomic trends in the APAC region. With growth now coming at a premium, the bank sees "regional integration" as the future.
Wednesday, 08/10/2014 | 08:32 GMT by
George Tchetvertakov
Exclusive Insight: TradeStation's Foray into Mainland China
- Forex Magnates reporters have spoken exclusively to TradeStation's CEO Salomon Sredni about the company's foray into the Chinese Market and the challenges which are facing the platform provider in this new region.
Tuesday, 30/09/2014 | 09:50 GMT by
Victor Golovtchenko
Hong Kong Monetary Authority Takes Emergency Measures as Anti-Beijing Protest Rocks the Island
- Huge pro democracy demonstrations in Hong Kong force the de-facto central bank of the Chinese financial hub to order commercial banks to shut down branches and activate their business continuity plans.
Monday, 29/09/2014 | 09:51 GMT by
Avi Mizrahi
Houbi Rumors Allege Massive BTC, LTC Losses, Official Statement Released
Thursday, 25/09/2014 | 20:37 GMT by
Jeff Patterson
Societe Generale Restructures DCM Team, Names Andy Liu as Chinese Head
- Societe Generale Corporate & Investment Banking (SG CIB) has appointed Andy Liu as its Head of Debt Capital Markets (DCM) for its Chinese operations, part of a new move to develop assets in the region.
Wednesday, 24/09/2014 | 08:55 GMT by
Jeff Patterson
London Metal Exchange Signed Strategic Cooperation Agreement with Chinese Bank
- During an official visit by the Chinese Vice Premier, Ma Kai, on his trip to the United Kingdom for the sixth UK-China Economic and Financial Dialogue, the LME partnered with the China Construction Bank Corporation.
Monday, 15/09/2014 | 11:07 GMT by
Avi Mizrahi
Shanghai Free Trade Zone in Flux, Senior Official, Dai Haibo Departs
- The Shanghai Free Trade Zone’s (FTZ) most senior official, Dai Haibo has relinquished his duties as Executive Deputy Director and Communist Party Chief, following alleged disciplinary violations.
Monday, 15/09/2014 | 10:25 GMT by
Jeff Patterson
Last Minute Misconduct Complaint Filed against Chinese Financial Giant Citic
- Citic, a leading Chinese state-owned consortium of firms will face a legal battle against Hong Kong’s financial watchdog. The regulator claims Citic misled investors which resulted in major financial losses.
Saturday, 13/09/2014 | 11:46 GMT by
Adil Siddiqui
Premier Li Keqiang Envisions Robust Chinese Economy Despite Challenges
- Judging by the principle of range-based macro-control, the Chinese government believes the actual economic growth rate is within the proper range, even if it might be slightly higher or lower than the 7.5% target.
Thursday, 11/09/2014 | 14:13 GMT by
Avi Mizrahi
Russia Tries to Draw China into Its Plan to Create an Alternative to SWIFT
- A week after the British Prime Minister David Cameron suggested cutting Russia off the international payment system the Russians announce they are in talks with China for a "SWIFT" response to the threat.
Thursday, 11/09/2014 | 10:22 GMT by
Avi Mizrahi
Alibaba plans for upcoming IPO, announces $155 billion valuation
Monday, 08/09/2014 | 09:54 GMT by
FMAdmin Someone
Alibaba goes biometric with fingerprint ID support for AliPay
Thursday, 04/09/2014 | 15:34 GMT by
Adil Siddiqui
IronFX Grilled on Chinese TV by Affiliates, Criminal Fraud Investigation Filed on Air - Updated
- In a 20 minute report, a journalist went undercover to experience the deposit process and track the money. A Chinese official called for a “severe punishment” in the event that IronFX is found to be operating illegally.
Thursday, 04/09/2014 | 08:00 GMT by
Avi Mizrahi
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