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Category Archives: Fintech

A roundup of today’s market tech news and a look at tomorrow’s disruptors

Asia Pacific Financial News from John Lothian News – November 28, 2017 Standard

Lead Stories Banks invited to work on Great Wall’s $2bn Hong Kong float; Asset management company tasked with cleaning up China’s bad debt plans IPO for 2018 Don Weinland in Hong Kong – FT China Great Wall Asset Management has asked banks to pitch for work on a Hong Kong initial public offering that is expected to raise at least $2bn for the company tasked with cleaning up China’s bad debt. https://goo.gl/CkHtMW Behind Abe’s Biggest Reform Win, Old Japan Inc. Culture Lives On By Keiko Ujikane and Takako Taniguchi – Bloomberg Some stock buybacks are linked to companies’ foundations; ‘Isn’t…

Asia Pacific Financial News from John Lothian New – November 27, 2017 Standard

Lead Stories Time for ‘Asia-first’ thinking as the US and Europe question financial regulations South China Morning Post Andrew Sheng says that Asian economies should take a hint from ‘America first’, plus European doubts over Basel III, and tailor financial regulations to meet regional realities rather than believing that ‘West is best’ https://goo.gl/gzU4mF Brussels rattled as China reaches out to eastern Europe; Concerns Beijing’s closer ties with EU’s poorer nations will influence bloc’s policies James Kynge in London and Michael Peel in Brussels – FT In Hungary it is hailed as the “Eastward Opening”. Serbian authorities see it as the…

Asia Pacific Financial News from John Lothian News – November 21, 2017 Standard

Lead Stories Wealthy Asian Buyers Scoop Up Trophy Properties in London; Private investors from China, Hong Kong often price out institutions, and cash-only bids keep U.K. lenders on the sidelines By Olga Cotaga – WSJ The ever-growing appetite among rich Asians for trophy assets in London is leaving some institutional investors on the sidelines https://goo.gl/ATsqAf Asia’s Richest Banker Spots a Once-in-a-Lifetime Opportunity By Anto Antony , George Smith Alexander , and Candice Zachariahs – Bloomberg Sovereign wealth and pension funds also interested, Kotak says; Bankruptcy court process, deep discounts are key attractions For India, it’s a $207 billion mess, a…

Asia Pacific Financial News from John Lothian New – November 17, 2017 Standard

Lead Stories Asia’s Cities Could Save the Planet; New urbanites need greener buildings to live and work in By The Editors – Bloomberg The world’s cities will add 2.5 billion more residents by 2050, more than half of them in Asia. The effect of this great migration on climate change will depend in part on what kind of homes, factories and office buildings they live and work in. https://goo.gl/rDffcJ China’s Central Bank Turns on the Taps, Stemming Slump in Bonds Bloomberg News Authorities may have judged selloff as too quick: StanChart; Sovereign debt yield, benchmark money rate both decline China’s…

WILD Women Make Sound Investment Decisions Standard

Women will have $22 trillion of investing wealth by 2020. Now that women actually have their own money, they – like men – need to know how to make it grow with savings and investments. Women are projected to have $22 trillion of the investing wealth by the year 2020 – they had better know what to do with it. Women in Listed Derivatives (WILD), which has become well known for its efforts in the advancement of women in the financial industry, brought together another room full of highly accomplished women on Tuesday for a panel on Women and Personal…

Asia Pacific Financial News from John Lothian News – November 16, 2017 Standard

Lead Stories CQG Announces Strategic Leadership Changes to Support CQG China Launch; Rod Giffen Named President, CQG APAC; Ryan Moroney Appointed President, CQG Europe and the Americas CQG CQG has had a focused effort to add China to its global network of data and execution. With the imminent launch of this initiative, the firm announced today that Rod Giffen, President, CQG, has relocated to China and will serve in the newly created position of President, CQG APAC. Ryan Moroney will return to CQG to assume the new role of President, CQG Europe and the Americas. https://goo.gl/5S9bfV Mainland China’s Investors Favor…

Asia Pacific Financial News from John Lothian News – November 15, 2017 Standard

Lead Stories Shares Plummet as Investors Lose Faith in Asia’s Top Stock By Jeanny Yu – Bloomberg Semiconductor Manufacturing plunges most since February 2014; Stock had almost doubled since beginning of September Investor confidence in top stock Semiconductor Manufacturing International Corp. is starting to turn, with the shares plummeting 15 percent in the wake of disappointing earnings. https://goo.gl/doj5Nq One of Asia’s largest banks says bitcoin is ‘a ponzi scheme’; David Gledhill, group chief information officer at DBS, one of Asia’s largest banks, said he believes bitcoin is a ponzi scheme Nyshka Chandran – CNBC One of Asia’s largest banks is…

Asia Pacific Financial News from John Lothian News – November 14, 2017 Standard

Lead Stories A Chicago trading firm is setting up shop in Singapore to dominate the bitcoin market in Asia Frank Chaparro – Business Insider DRW, the Chicago-based trading firm, is expanding its bitcoin trading operations into Asia; The firm told Business Insider it sees a huge opportunity in Asia for over-the-counter trading; The Asian-outpost will be based in Singapore, but will serve all of Asia and enable the firm to operate as global, around-the-clock, business DRW, a Chicago-based firm, is looking to set up a bitcoin trading desk in Singapore to dominate the cryptocurrency market in Asia. https://goo.gl/ybhPL4 Five ways…

Asia Pacific Financial News from John Lothian News – November 13, 2017 Standard

Lead Stories Iron wars break out as Hong Kong picks fight with Singapore Bloomberg Call it the iron ore wars. Two of Asia’s financial heavyweights are going head-to-head as Hong Kong Exchanges & Clearing starts futures for a commodity that’s seen extraordinary volatility and been a popular way to bet on China, challenging Singapore Exchange’s leading position. https://goo.gl/hkpBcL Lagarde Sees Confidence in China’s Plan to Open Financial System By Michael Heath and Haslinda Amin – Bloomberg IMF chief says China is taking action to rein in credit growth; Globalization, technology benefits ‘must flow to all’: Lagarde China’s plan to ease…