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 Eric Yep Crude-oil futures slumped in Asian trade Monday in line with a fall in wider commodities markets after Greece voted to reject the terms of its current bailout agreement in a weekend referendum. After being stuck in a ...
By Gregor Stuart Hunter Chinese shares rose Monday as Beijing cranks up efforts to stem a three-week selloff, while shares elsewhere in Asia fell after Greeks voted to reject terms of a bailout. China's indexes are cooling off after an ...
HONG KONG?Private-equity firm Blackstone Group LP said Saturday it has hired Zhang Liping, a senior Credit Suisse Group AG banker, to head its operations in China. Mr. Zhang, who served as co-chief executive of Greater China at Credit Suisse, will ...