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Showing 21 - 30 of 52 results for %22Renminbi%22

Industry seizes China FTA opportunities

JAMES FERNYHOUGH  |  TUESDAY, 18 NOV 2014
... trading and export/import credit." Westpac, meanwhile, announced it would be a foundational bank to Australasia's first renminbi hub in Sydney, following its approval by the People's Bank of China and the Reserve Bank of Australia in Canberra yesterday. ...

BNP Paribas granted on-shore renminbi licence

MARK SMITH  |  TUESDAY, 23 SEP 2014
The asset management arm of BNP Paribas has been granted a RMB Qualified Foreign Institutional Investor (RQFII) license by the China Securities Regulatory Commission (CSRC). The license will enable BNP Paribas Investment Partners to provide its clients ...

AllianceBernstein set to launch three renminbi funds

MARK SMITH  |  WEDNESDAY, 17 SEP 2014
... manager AllianceBernstein is set to launch three more China funds after receiving a licence in the Chinese government's Renminbi Qualified Foreign Institutional Investor (RQFII) scheme. The scheme allows non-Chinese financial institutions in Hong Kong ...

A BRICS R5 Bank is born

BENJAMIN ONG  |  THURSDAY, 17 JUL 2014
... more money's coming for the BRICS - Brazil, Russia, India, China, South Africa - has just built what I call the "R5 - renminbi, rupee, rubble, real, rand - Bank". Which bank? The "New Development Bank" which the BRICS launched yesterday. According to ...

Nikko AM to launch Singapore's first Chinese onshore bond fund

MARK SMITH  |  FRIDAY, 4 JUL 2014
... "The fund is strategically significant as a long-term proposition supporting Singapore's role as a key offshore RMB [renminbi] centre," Nikko AM Asia president Eleanor Seet said. "This is the first in a suite of RQFII solutions we are planning to provide. ...

China's art of currency war

BENJAMIN ONG  |  TUESDAY, 18 MAR 2014
... While the rest of the world might be cursing Putin today, they're lauding China's latest move - that of doubling the renminbi's trading band against the US dollar to 2.0% yesterday (from 1%) on either side of the Peoples Bank of China's (PBOC) daily ...

Chinese currency reforms to transform bond benchmarks

MARK SMITH  |  WEDNESDAY, 5 MAR 2014
... picture about how China's economic and financial reforms-including, most importantly, the internationalisation of the renminbi-are going to affect investors in Australia and globally." Briscoe said the recent announcement of an agreement between ASX ...

Catching the big wave

BENJAMIN ONG  |  THURSDAY, 27 FEB 2014
... what European Central Bank Executive Board Member Yves Mersch thought - he's certainly no small beer - when he told the Renminbi Forum in Luxembourg last night that, "...due to the size of China's economy and its importance in global trade and, potentially ...

Emerging emerging markets concerns

BENJAMIN ONG  |  TUESDAY, 28 JAN 2014

It's good, it's bad, it's faked

BENJAMIN ONG  |  TUESDAY, 21 JAN 2014