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 Nicole Friedman Oil prices rose on Tuesday after Iran and six world powers extended the deadline for nuclear talks until July 7. The talks, aimed at blocking the country's path to a nuclear weapon in exchange for lifting international ...
By Juliet Samuel The chief executive of Towers Watson & Co. says a lower tax bill is a benefit rather than the main driver of the Virginia-based benefits adviser's planned merger with European insurance broker Willis Group. The two companies ...
By James Ramage The yen rose to nearly five-week highs against the euro and the dollar as new developments in Greece, including a looming loan payment, ramped up market uncertainty and drove investors into assets perceived as safe. The Japanese ...