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
SEOUL?A South Korean court on Wednesday rejected a motion by a U.S. hedge fund to block a planned $8 billion takeover of the construction arm of the Samsung conglomerate by the de facto holding company of the business group, clearing ...
SYDNEY?Australian ports operator Asciano Ltd. said it has received an 8.83 billion Australian dollar (US$6.80 billion) takeover proposal from Brookfield Asset Management Inc. On Wednesday, Asciano said Brookfield had approached it with a cash-and-shares deal worth A$9.05 a share, and ...
By Gaurav Raghuvanshi SINGAPORE--Singapore's private property prices fell for the seventh consecutive quarter in the April-to-June period, according to early estimates released Wednesday by the nation's Urban Redevelopment Authority. The overall private residential property index fell by 0.9% on quarter, ...