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 Gregor Stuart Hunter and Fiona Law Chinese markets fell sharply Wednesday, even as Beijing scrambled to arrest a three-week stock selloff. China has introduced fresh measures to restore investor confidence seemingly to little avail. Stocks and Chinese bonds traded ...
MELBOURNE, Australia--Australia's big banks are further tightening lending to housing speculators as authorities continue to fret about risks to the country's hot property market. Westpac Banking Corp., the largest lender to housing investors, from Wednesday will limit loans to 80% ...
BEIJING?A raft of Chinese government agencies stepped up efforts Wednesday to shore up plunging stock markets that the securities regulator described as facing panic and irrational selling. The China Securities Regulatory Commission announced that the China Securities Finance Corp., a ...