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 Dominic Chopping STOCKHOLM-- Electrolux AB boss Keith McLoughlin has vowed to press ahead with the $3.3 billion purchase of General Electric Co.'s appliance business despite Wednesday's move by the U.S. Department of Justice to try to block the deal. ...
STOCKHOLM?Sweden's central bank on Thursday cut its main interest rate to a new record low and increased its bond buying program as it stepped up its battle to raise inflation toward a 2% target amid increasing global economic uncertainty, not ...
European stocks edged higher Thursday, with investors still nervously watching Greece's negotiations with its creditors. The Stoxx Europe 600 was up 0.1% in early trade. The index rose 1.5% on Wednesday after Greek Prime Minister Alexis Tsipras pitched a compromise ...