Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 421 - 430 of 553 results for "Foreign Exchange"

BNY Mellon JVs for China funds strategy

PRESS RELEASE  |  THURSDAY, 8 JUL 2010
... licence by the CSRC in November last year. The asset manager is seeking approval from the State Administration of Foreign Exchange (SAFE) for an initial investment quota. This quota will allow it to invest in Renminbi-denominated treasuries and Shanghai ...

Bored with half-empty glasses

BENJAMIN ONG  |  WEDNESDAY, 7 JUL 2010
... over-subscription) would have to find other investments - property perhaps? Not when China's State Administration of Foreign Exchange (SAFE) believes that its investments in Europe are safe. "Europe was, is and will be one of the major markets for foreign-currency ...

The art of war

BENJAMIN ONG  |  TUESDAY, 22 JUN 2010
... breath it says, "The exchange rate floating bands will remain the same as previously announced in the inter-bank foreign exchange market." The central bank was more forthcoming in its follow-up statement when it said that there's no need for a "large ...

A stitch in time

BENJAMIN ONG  |  MONDAY, 21 JUN 2010
... of currencies. The exchange rate floating bands will remain the same as previously announced in the inter-bank foreign exchange market." This is not the full text of the supposedly "currency revaluation" announcement. But you haven't missed any significant ...

African dev't needs private equity: Mobius

MICHAEL HOBBS  |  TUESDAY, 8 JUN 2010
... predictable set of rules that investors can depend on for these markets to develop. "If there is uncertainty regarding foreign exchange regulations, taxation and property ownership, then investors tend to be very short-term and skittish," he said. "Governments ...

BT names head of income & fixed interest

COMPANY RELEASE  |  MONDAY, 7 JUN 2010
... Japanese markets and a good knowledge of the Australian market after managing Australian bonds, derivatives and foreign exchange for more than 15 years. Gor's appointment follows Emilio Gonzalez, chief executive at BTIM, consolidating the firm's cash ...

Silver lining

BENJAMIN ONG  |  THURSDAY, 3 JUN 2010
... CNBC reported overnight that the Iranian central bank announced that it plans to sell 45 billion euros from its foreign exchange reserves and use the proceeds to buy US dollars and gold. Huh? Run that by me again? Is this the same Iran that back in 2007 ...

True Lies

BENJAMIN ONG  |  FRIDAY, 28 MAY 2010
Lies, damned lies! This was China's response to a Financial Times report that its State Administration of Foreign Exchange (SAFE) met with foreign bankers to discuss reviewing its holdings of Eurozone bonds. SAFE manages Beijing's US$2.4 trillion worth ...

Up, down and round and round

BENJAMIN ONG  |  THURSDAY, 27 MAY 2010
... everything was going well until... The Financial Times published a story saying that China's State administration of Foreign Exchange (SAFE) is reviewing its holdings of Eurozone bonds. Nothing wrong with that! Any astute investor -- given the uncertainty ...

US consumers to the rescue

BENJAMIN ONG  |  WEDNESDAY, 26 MAY 2010
... extrapolate the European crisis - end of the world. Bloomberg even quoted the head of market analysis at Schneider Foreign Exchange saying that the European banks' problems will be "Lehman times Ten." Sure it may happen, if Newton's third law of motion ...