As trade denominated in yuan continues to rise at a phenomenal rate, its significance to global markets is quickly increasing. But even as the IMF considers adding renminbi to the basket of SDR reserve currencies and China’s global political clout rises commensurately, the country has yet to fully liberalize its markets—or its currency.
Global Finance Magazine
Frontier Markets Report | Myanmar is wide open in terms of investment prospects, and its opportunities are luring investors—despite the risks.
Special Report | U.S. Transaction Banking
Dealing with the regulatory complexities faced by their larger peers and without some of the flexibility of their smaller brethren, US regional transaction banks are building international partnerships and investing in best-of-breed technology platforms in order to win, and hold on to, corporate clients.
Awards & Rankings
The Innovators 2015 - Transactions Services, is Global Finance's annual listing of the most innovative banks and fintech companies in treasury and transaction services. The firms in this category are honored for launching products or services that are transforming the transaction services landscape for consumers and financial institutions. Global Finance uses the OECD's Oslo Manual Of Innovation to evaluate honorees.
From the Wires
By Nina Adam Eurozone retail sales climbed further in May, supported by a gradually improving labor market and low inflation, and indicating that private consumption will remain a key growth driver in the region. Retail sales in the 19 countries ...
By Andrey Ostroukh MOSCOW--Russia's services sector activity contracted for the first time in three months in June, reflecting spare capacity amid weak consumer demand, a Markit survey of purchasing managers showed Friday. The Purchasing Managers' Index for the services sector ...
European markets were in a holding pattern Friday ahead of this Sunday's referendum in Greece, which could set the country on course for a messy exit from the eurozone. The Stoxx Europe 600 index was less than 0.1% lower in ...