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 Joanne Chiu China Overseas Land & Investment Ltd. (0688.HK) plans to spin off its property unit in a separate listing on the Hong Kong stock exchange. The blue-chip Chinese developer said Monday it has submitted an application to the ...
PARIS? Greek debt held by the European Central Bank can't be restructured as doing so would contravene the eurozone's founding treaties, Christian Noyer, a member of the ECB's governing council said Monday. Mr. Noyer's comments come after the Greek people ...
By Josie Cox European stocks and the euro fell after Greeks rejected creditors' demands in Sunday's referendum. However, the losses weren't as steep as many investors and strategists had expected, with some saying it was difficult to make major bets ...