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Category Archives: Banks, Brokers & Managed Funds

The latest from banks, brokers, hedge funds and managed futures

Asia Pacific Financial News from John Lothian News – September 12, 2017 Standard

Lead Stories Xi’s Plan To Make China the No. 1 Superpower By Ting Shi There are many faces to Xi Jinping, the most powerful Chinese leader in decades. There’s tough-guy Xi, cracking down on corruption and overhauling the world’s biggest military. There’s statesman Xi, the self-styled global champion of free trade and combating climate change following Donald Trump’s election as U.S. president. There’s nationalist Xi, brushing aside an international ruling against China’s territorial claims and there’s ruthless Xi, coming down hard on dissent. There’s Communist Xi, expanding the party’s reach over the economy and society. And there’s reformist Xi, advocating…

Asia Pacific Financial News from John Lothian News – September 11, 2017 Standard

Lead Stories Asia and the threat to global economic security Editorial Board, East Asia Forum The slow and uneven economic recovery from the global financial crisis has been a primary driver of the populist anti-globalisation backlash in the United States and parts of Europe. One consequence was the election of Donald Trump. Another was the divorce of the United Kingdom from the European Union. The election of President Trump has introduced huge global uncertainty into international economic policy at a time of major changes in the global balance of power, when stability and certainty are at a premium. https://goo.gl/SnZuXs Fee…

Asia Pacific Financial News from John Lothian News – September 8, 2017 Standard

Lead Stories Bitcoin tumbles on report China to shutter digital currency exchanges‍​ Gertrude Chavez-Dreyfuss, Angela Moon Bitcoin fell sharply on Friday after a report from a Chinese news outlet said China was planning to shut down local crypto-currency exchanges, although analysts said this was just a temporary setback. https://goo.gl/siFwm8 Bitcoin Falls After Report Claims China Orders Exchanges to Shut By Matthew Leising and Lulu Yilun Chen – Bloomberg Chinese markets Huobi and Okcoin say no order received; China earlier this week outlawed initial coin offerings Bitcoin fell as much as 7.3 percent in the U.S. after a report claimed Chinese…

Asia Pacific Financial News from John Lothian News – September 7, 2017 Standard

Lead Stories ICO trade legal but must be licensed, says SFC Joyce Chen and Samantha Wong – The Standard.com Trading in initial coin offerings is allowed but operators must acquire verified licenses, said Hong Kong financial regulators after the Securities and Futures Commission announced measures to govern cryptocurrency deals on Tuesday. https://goo.gl/SsJBuZ London remains top international financial centre ISBF.org.uk The city scored higher than 56 other international financial centres and continues to be a leading financial centre after topping the list in 2016. Other international financial centres that scored highly on the list included New York, which kept its second…

Asia Pacific Financial News from John Lothian News – September 6, 2017 Standard

Lead Stories How investors can have a rational approach in an irrational world; If you’re not up for the tough task of assessing geopolitics, there are other ways to protect your portfolio in uncertain times Jonathan Ratner – Financial Post It’s hard to believe the U.S. will start a military conflict with North Korea, but as tensions rise, investors are finding it difficult to have a rational approach to the market in an irrational world. https://goo.gl/6T4ZBZ Asia’s Aging Population Will Affect Future Workforce Financial Tribune W hile Japan had the biggest slump in its workforce in Asia over the last…

Asia Pacific Financial News from John Lothian News – September 1, 2017 Standard

Lead Stories China: ICOs ‘disrupt social and economic order’, says regulator By Tech Wire Asia CHINESE authorities are looking to impose strict regulations on a new form of crowdfunding with digital currencies, known as initial coin offerings (ICOs), after a national government Internet finance organization said that the new form of launches was causing undue harm, if not outright fraud. https://goo.gl/FZ6gFD Sanctions against a big Chinese bank may be best way to rein in North Korea; Trump’s tough military talk did move China to tamp down North Korea, but this wasn’t enough; It’s time to pair military power and presence…

Asia Pacific Financial News from John Lothian News – August 31, 2017 Standard

Lead Stories Markets Are About to Find Out What China’s Leadership Reshuffle Means Bloomberg News Twice-a-decade meeting, leadership reshuffle set for Oct. 18; Personnel moves and work report key for China market-watchers For most of the year, there’s been an oft-repeated refrain among China-watchers. Whispered in private meetings with clients or loudly spoken by confident brokers, it goes something like this: “Don’t worry about the economy or markets in 2017 — Beijing won’t let anything bad happen ahead of the Communist Party Congress.” https://goo.gl/A1NvSA India Financial Hub Slowly Recovers From Worst Deluge Since 2005 By Anto Antony and Ameya Karve…

Asia Pacific Financial News from John Lothian News – August 30, 2017 Standard

Lead Stories China invites five countries as guests for BRICS summit including Thailand, Egypt, Kenya; China has invited Egypt, Kenya, Tajikistan, Mexico and Thailand as guest countries for the upcoming BRICS summit but clarified that the invitation is not an attempt to expand the group under its ‘BRICS Plus’ approach. Financial Express China has invited Egypt, Kenya, Tajikistan, Mexico and Thailand as guest countries for the upcoming BRICS summit but clarified that the invitation is not an attempt to expand the group under its ‘BRICS Plus’ approach. China will host the BRICS summit in Xiamen city from September 3 to…

Asia Pacific Financial News from John Lothian News – August 24, 2017 Standard

Lead Stories India’s Top Court Rules Citizens Have Fundamental Right to Privacy By Upmanyu Trivedi , Iain Marlow , and Saritha Rai – Bloomberg Top court verdict around use of Aadhaar biometric program; Ruling may impact data use by firms such as Facebook, Google India’s top court has ruled citizens have a fundamental right to privacy, a potential setback to the government’s plan of using its vast biometric identification program in everything from mobile connections to income-tax filings. https://goo.gl/xUx1GX Chinese-Backed Singapore Bourse Gets Regulator’s Nod Bloomberg News Venue would be third derivatives exchange in city state Asia Pacific Exchange Pte,…