China‘s foreign exchange regulator is stepping up its risk controls against corruption, it said in a statement released on Tuesday via the ruling Communist Party’s anti-graft watchdog. President Xi ... Read More
Islamic finance is gaining prominence as a channel for China to expand its economic influence abroad as banks strengthen ties with Muslim-majority countries and Chinese companies start to tap ... Read More
The People’s Bank of China has ordered banks to closely scrutinize clients’ foreign exchange transactions to prevent illicit cross-border currency arbitrage, sources with the direct knowledge of the matter ... Read More
Watch out! China’s currency is likely to tumble further before the end of the year, according to a CNNMoney survey of economists. The yuan, also called the renminbi, is ... Read More
Shares of four of China‘s largest brokerages tumbled on Monday after fines and penalties were imposed by the country’s securities regulator on the companies and some of their executives ... Read More
Stocks stay on track for best week in eight Fed rate decision next week hangs in the balance “Quite a fragile time” – equity fund manager Global stocks around ... Read More
Banks must hold 20 pct reserve vs nominal FX forwards value Reserves to be denominated in U.S. dollars, no interest paid Move seen as increasing risk control, discouraging speculation ... Read More
China’s currency devaluation should give a shot in the arm to global foreign exchange volumes as traders take advantage of and protect themselves against the surprise surge in volatility, ... Read More
Asian stock markets drifted Friday as China’s currency stabilized for a second day, easing uncertainty about its direction after an unexpected devaluation earlier in the week. KEEPING SCORE: Japan’s ... Read More
The yuan halted a three-day slide after China’s central bank raised its reference rate for the first time since Tuesday’s devaluation and said it will intervene to prevent excessive ... Read More
We use cookies to improve your browsing experience on our website. To find out more, please read our Privacy Policy and Cookies Policy, been updated and became effective May 24, 2018.
By continuing to navigate our website without changing your cookies settings, or by clicking 'Ok', you hereby acknowledge and agree to OneStopBrokers use of cookies.OkRead more