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Showing 51 - 60 of 110 results for "RMB"

CalPERS cry foul play, backs lawsuit

MICHELLE BALTAZAR  |  TUESDAY, 19 FEB 2013
The largest public pension fund in the US, CalPERS, has expressed its support for the US government's civil lawsuit against credit rating agency Standard & Poor's Rating Services. Early this month, the US Department of Justice sued the agency for fraud ...

China primed for encouraging rebound: HSBC

MARK STORY  |  MONDAY, 10 DEC 2012
... within infrastructure, financial services, energy and telecoms, and income distribution reform. Meantime, he also expects RMB internationalisation to continue gaining momentum, not only in terms of rising trade settlement volumes but also RMB investment. ...

Non-bank lender completes public securitisation

BEN COLLINS  |  FRIDAY, 9 NOV 2012
An Australian non-bank lender yesterday completed a public securitisation issue using prime loans originated by GE Capital. Pepper, a financial services provider specialising in domestic and commercial property, said the issue was well supported by ...

RMB to be used in a third of china deals by 2015

BEN COLLINS  |  FRIDAY, 26 OCT 2012
... Chinese trades to be done in Renminbi by 2015, said a survey by HSBC. HSBC also found that 30% (of China businesses) plan to use RMB for investment-related purposes in the next 12 months. Half of all China corporations told HSBC they were willing to ...

Fund managers bullish on Asian bonds

MELANIE TIMBRELL  |  MONDAY, 8 OCT 2012
Despite fund managers remaining neutral on both equities and bonds for Q4, 75% are overweight on hard currency Asian bonds, according to HSBC's latest global manager survey. High yield bonds (90% overweight) and global emerging market bonds (70% overweight) ...

China approves cross-border ETFs

MELANIE TIMBRELL  |  MONDAY, 2 JUL 2012
... also authorised listing in Hong Kong of the first Renminbi Qualified Foreign Institutional Investor A-share ETFs, which are RMB-denominated products that track mainland indexes but trade in Hong Kong. Alexa Lam, deputy chief executive officer at the ...

Trio investor secures damages from adviser

BEN COLLINS  |  FRIDAY, 8 JUN 2012
... damages from her former financial adviser, after losing substantial savings in the Trio fraud. Wollongong-based legal firm RMB Lawyers told the ABC it has been representing the woman, who has a terminal illness and lost approximately $1 million when ...

HSBC announces first int'l RMB bond

MELANIE TIMBRELL  |  THURSDAY, 19 APR 2012
HSBC will issue an international 3-year RMB bond, the first to be launched outside Chinese sovereign territories. The move dovetailed with an initiative launched by George Osborne, British chancellor of the exchequer, to make London a centre for offshore ...

FirstMac fixed income fund 'Recommended'

ELISE BURGESS  |  TUESDAY, 13 MAR 2012
FirstMac Limited's fixed income managed fund, FirstMac High Livez, has been rated 'Recommended' by Zenith Investment Partners and will be included on their recommended list of products. The fund was launched in early 2011 and provides retail access ...

China demand for Australian resources to fall: JP Morgan

ALISON BEVEGE  |  FRIDAY, 12 AUG 2011
Chinese demand for Australian resources was likely to fall, investment bank JP Morgan said yesterday. Jing Ulrich, chair of global markets, China, for JP Morgan, said China had to contend with imbalances in its economy in the medium to long term. Speaking ...