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 Paul Vieira OTTAWA--Canada's trade gap widened more than expected in May as non-energy exports fell, indicating that Canadian exporters outside the oil patch are struggling despite a weaker Canadian dollar and a strengthening U.S. economy. Canada posted a trade ...
By Josie Cox and Tommy Stubbington European stocks fell Tuesday as investors sought safer assets while eurozone decision makers met for what could be a final effort to keep Greece in the currency union. The Stoxx Europe 600 was down ...
Nearly five years after the emergence of a rate-rigging scandal that cost banks more than $7 billion in fines, the financial benchmark at the heart of the affair remains broken. A top U.K. regulator says efforts to overhaul the London ...