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Category Archives: Investing & Trading

Today’s top stories from fixed income, currencies and commodities (FICC)

Asia Pacific Financial News from John Lothian News – August 23, 2017 Standard

Lead Stories Category 10 Typhoon Hato slams into Hong Kong New Straits Times Typhoon Hato, a maximum category 10 storm, slammed into Hong Kong on Wednesday lashing the Asian financial hub with destructive winds and waves which uprooted trees, flooded streets and forced most businesses to close. https://goo.gl/MF9k4A Hong Kong Issues Highest Typhoon Warning as Trading Scrapped By Fion Li , Dominic Lau , and Wai Yi Shawna Kwan – Bloomberg Observatory raises No. 10 warning for first time since 2012; HKEX to scrap day’s trading if signal remains in force at noon A man tries to walk against the…

Asia Pacific Financial News from John Lothian News – August 22, 2017 Standard

Lead Stories Yellen risks exposing old vulnerabilities in emerging Asia Enda Curran, Jeanette Rodrigues and Karlis Salna – Bloomberg. The populist leaders of India, Indonesia and the Philippines won office with promises of massive spending to upgrade their nation’s roads, railways and ports. Doing so, the thinking goes, would supercharge economic growth and emulate China’s success. https://goo.gl/xfAEwc Institutional weaknesses risk instability in East Asia; As growth slows, governments must focus on building social cohesion Nikkei Developing East Asia has enjoyed more than 40 years of growth, except for a brief crisis at the end of the last century. But the…

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

Lead Stories Australia follows Japan in move to regulate bitcoin; Control of digital currencies is part of drive to strengthen money-laundering rules Jamie Smyth in Sydney – FT Australia plans to strengthen its anti-money laundering laws and regulate digital currencies such as bitcoin in the wake of a financial scandal involving its biggest bank, Commonwealth Bank of Australia. https://goo.gl/eyBEba Monthly Report: Clearstream supports liberalization of the Chinese financial market; Opening of the Chinese market is progressing / Clearstream will support BondConnect’s initiative Frankfurt, Eschborn, September, October and November Deutsche Börse Recent announcements, according to which a selection of A-shares from…

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

Lead Stories Now Asia eyes up City after Brexit despite EU attempts to snatch business; BREXIT will not diminish the opportunities for Asian investment in British financial services, the City of London Corporation has claimed. JON ROGERS – Express.co.uk In a policy document issued by the Asia team of the local authority that promotes the Square Mile the Corporation said it would aim to “focus on” building relationships with countries like China, India and Singapore in the coming year, wanting to create a bridge between London and Asia to discuss finance and services connections”. https://goo.gl/zm3PDm SingX expands online remittance service…

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

Lead Stories Tokyo Stock Exchange takes aim at Japan’s corporate ghosts; The presence of former chief executives as special advisers is a persistent concern Peter Wells and Leo Lewis in Tokyo – FT The Tokyo Stock Exchange will intensify its role in Japan’s push for better corporate governance by raising pressure on companies to admit how badly their boardrooms are haunted by corporate “ghosts”. https://goo.gl/hJkMwD Lead prices rise after China shuts imports from North Korea Henry Sanderson – FT Prices for lead rose on Tuesday after China put in place a ban on imports from neighbour North Korea, as part…

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

Lead Stories India, Pakistan and Bangladesh 70 years after the British left; A comparison of India, Pakistan and Bangladesh on key social and economic parameters such as poverty, unemployment and child malnutrition Manas Chakravarty – Livemint Seventy years after the British left undivided India, what is the state of its people? The eight charts presented here compare the trajectories of three countries in the region—India, Pakistan and Bangladesh. Additionally, data for China has been included to give us a sense of what might have been had we taken a different path. https://goo.gl/kcXgdc Either China’s Bond Market Or Metals Are Getting…

Asia Pacific Finacial News from John Lothian News – August 11, 2017 Standard

Lead Stories Wall Street’s ‘Fear Gauge’ Skyrockets as Tensions Rise With North Korea By LANDON THOMAS Jr. – NY Times Exit greed, enter fear. After a record-breaking run of buoyant market behavior, investors appeared unnerved on Thursday by a series of provocative remarks by President Trump and increasing tensions with North Korea. https://goo.gl/ciyNgL Trump and Kim’s War of Words Has Asia Bracing for Conflict By Jason Scott and Ting Shi – Bloomberg China’s Global Times: Defend North Korea if U.S. attacks; Japan prepares to deploy missile interceptors: Nikkei The escalating war of words between U.S. President Donald Trump and North…

Russell Suite Competition Ambiguity Raises Some Questions Standard

Exclusive. Non-exclusive. Exclusive. CME. ICE. CME again. The story of the Russell Index futures complex licensing over the years is a study in ambiguity, changing strategies and partners. We know the  will win this round as they currently hold the long term license for the products. But what will happen in the short term is ambiguous as these two global exchange giants square off and try to maintain control or pry loose the open interest in the Russell futures products. After ICE took over an exclusive Russell indexes licensing agreement from CME in 2007, CME returned the favor by recently…

Asia Pacific Financial News from John Lothian News – August 10, 2017 Standard

Lead Stories Former HK commodities exchange chief charged with conspiracy to defraud regulator: court Reuters Prominent businessman Barry Cheung, who founded the now-defunct Hong Kong Mercantile Exchange, appeared in a Hong Kong court on Thursday charged with conspiracy to defraud the securities regulator and fraud. https://goo.gl/AXG4vE SEC pushes back on Chinese-led takeover of Chicago Stock Exchange; After initially supporting deal, regulator delays approval of politicised transaction Don Weinland and Hudson Lockett in Hong Kong – FT The US Securities and Exchange Commission has delayed approval of a Chinese-led takeover of the Chicago Stock Exchange, the latest setback for an acquisition…