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
FRANKFURT?The European Central Bank on Wednesday maintained its limits on emergency loans to Greek commercial banks, an ECB spokesman said, a decision that likely will keep capital controls in place at least through Sunday's referendum on the country's willingness to ...
By Hiroyuki Kachi The dollar was a tad higher against the yen but moderately fell against the euro in Asia trade Thursday, as investors largely kept a wait-and-see stance ahead of the release of U.S. jobs data later in the ...
BEIJING?Chinese smartphone maker Xiaomi Corp. showed signs of slowing growth Thursday, as it announced smartphone sales of 34.7 million units in the first half of the year, less than half its full-year target. Xiaomi faces a challenging year as China's ...