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

Search Results

Showing 31 - 40 of 377 results for %22China Banking%22

Aussie HNWIs slip down global rankings

KARREN VERGARA  |  WEDNESDAY, 10 JUL 2019
... overtaken by Italy. The US remains home to the largest HNWI population (5.3m), followed by Japan (3.2m), Germany (1.4m) and China (1.3m). One of the key drivers of the decline was the flight to cash last December, the report said, following the global ...

Chief economist update: RBA May cut, May not

BENJAMIN ONG  |  FRIDAY, 3 MAY 2019
... "The outlook for the global economy remains reasonable, although growth has slowed and downside risks have increased... In China, the authorities have taken steps to ease financing conditions," it said. China's - our biggest trading partner - economy ...

NPP chair breaks down rollout

ELIZABETH MCARTHUR  |  WEDNESDAY, 17 APR 2019
... recent trial using the NPP conducted by SWIFT which successfully tested instant cross-border payments involving banks in China, Singapore, Thailand and Australia as an indication of the NPP's international potential. When asked about the RBA applying ...

Chief economist update: The Fed has hit neutral

BENJAMIN ONG  |  WEDNESDAY, 27 FEB 2019
... less supportive of growth than they were earlier last year. Growth has slowed in some major foreign economies, particularly China and Europe. And uncertainty is elevated around several unresolved government policy issues, including Brexit and ongoing ...

Chief economist update: Time for an RBA shift to neutral

BENJAMIN ONG  |  MONDAY, 4 FEB 2019
... Add to these, the headwinds emanating from abroad - trade conflict, slowing growth in the global economy, particularly in China - Australia's biggest trading partner - and it would be easy for the RBA to justify a rate cut and soon - more so now ...

Final call for 2019 Chief Economists Forum

DARREN SNYDER  |  WEDNESDAY, 19 DEC 2018
... looks deep into his crystal ball, is trade. He said by the end of 1Q19 there might not be a trade deal between the US and China, but there'll be "some sort of direction where trade is going." For the next three days (December 19 to 21) China's ...

Chief economist update: If you can't beat Trump, copy Trump

BENJAMIN ONG  |  TUESDAY, 23 OCT 2018
... vice-premier, and Chinese institutions - People's Bank of China, China Securities Regulatory Commission and China Banking and Insurance Regulatory Commission. But the optimism generated by all these yakety yaks would prove transient at best without ...

Chief economist update: China's slowing fast

BENJAMIN ONG  |  MONDAY, 22 OCT 2018
... local government-backed funds to help ease pressures created by share-pledge risks. Guo Shuqing, chairman of the China Banking and Insurance Regulatory Commission, said in an interview posted on the regulator's website that recent "abnormal fluctuations" ...

Westpac names independent director

KARREN VERGARA  |  TUESDAY, 24 JUL 2018
... region. Prior to HSBC, Fung held a number of roles at Standard Chartered Bank. She is currently a non-executive director of China Construction Bank Corporation, Hong Kong Exchanges and Clearing, Hang Lung Properties and the Hong Kong Mortgage Corporation. ...

HSBC quietly exits financial advice

KARREN VERGARA  |  THURSDAY, 5 JUL 2018
... strengthening the Hong Kong operation and investing in wealth, which includes insurance and asset management. Supporting the China-led Belt and Road Initiative and a low carbon economy is also on the agenda. In Australia, HSBC said it will focus on growing ...