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Category Archives: Politics

An overview of politics during an election year as it relates to the financial markets

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

Lead Stories Banks plan to shift Asian trading from London to HK; Regulator gears up to handle moves in a blow to UK capital on managing Asia risk Laura Noonan in Hong Kong – FT Major investment banks are talking to regulators about routing their Asia-Pacific trading activities through Hong Kong instead of London, in a move that would have limited effect on jobs but would shift global finance’s centre of gravity further away from the UK capital after Brexit. https://goo.gl/Fw6Znk China sees long battle ahead for blue skies, clean water;Challenges persist while policymakers emphasize progress KENJI KAWASE, Nikkei Two…

Asia Pacific Financial News from John Lothian News – October 19, 2017 Standard

Lead Stories Nasdaq, SGX in pact to woo firms interested in listing on both boards Elzio Barreto – Reuters (Reuters) – Singapore Exchange Ltd (SGX) (SGXL.SI) and Nasdaq Inc (NDAQ.O) said on Wednesday they were teaming up to woo fast-growing Asian tech firms interested in listing on both their exchanges, as they look to better compete for mid-sized IPOs. https://goo.gl/3CRwo2 CME Group and JPX Enter into Agreement to Launch Japanese Yen-Denominated TOPIX Futures Contract on CME CME Group CME Group, the world’s leading and most diverse derivatives marketplace, and Japan Exchange Group (JPX), Asia’s leading comprehensive exchange group, today announced…

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

Lead Stories Japan’s Abe Headed for Big Election Win, Polls Say; Five polls forecast ruling Liberal Democratic Party would win more than half of the 465 seats in lower house By Peter Landers and Megumi Fujikawa – WSJ Prime Minister Shinzo Abe is poised for a big victory in Oct. 22 parliamentary elections, according to five polls published Thursday by major Japanese news organizations that forecast trouble for a challenge by Tokyo Gov. Yuriko Koike. https://goo.gl/ChUKik Oil Futures in China Would Be Transformational; It could be the first step in removing capital controls on remittance of foreign investors’ profits. By…

Asia Pacific Financial News from John Lothian News – October 4, 2017 Standard

Lead Stories Singapore the Top Expat Destination for Third Year in a Row; USA is the “Land of Opportunity,” Ranks first for Career Progression BusinessWire 83% Of Expats Feel Confident About Singapore’s Political Stability And 73% About The Local Economy; 73% Of Expats Believe the US is a Good Place to Boost Their Career; 62% Report the US Offers Better Income than Their Home Nation Expats have rated Singapore as the best country in the world to live and work, while Norway rose four places to come in second, according to the new Expat Explorer survey released today by HSBC,…

Asia Pacific Financial News from John Lothian News – October 3, 2017 Standard

Lead Stories Urban inequality a growing risk in Asia: World Bank Financial Express Widening inequality in Asia’s teeming cities could lead to potentially risky social divisions, the World Bank warned today, urging governments to do more to help the urban poor. https://goo.gl/xyGyH2 Southeast Asia is world’s hotspot for land disputes: report; Most companies involved incur losses SIMON ROUGHNEEN, Nikkei Businesses in Southeast Asia are increasingly counting the cost of land grabs, more than half of which result in delayed projects and nearly three-quarters of which lead to lawsuits, according to a wide-ranging research report. https://goo.gl/uqogWR Eight critical questions you must…

Asia Pacific Financial News from John Lothian News – October 2, 2017 Standard

Lead Stories Bitcoin Bug Bites Japan and South Korea as China Clamps Down By NATHANIEL POPPER – NY Times Until recently, China was a center of Bitcoin activity while the rest of Asia looked on with little interest. https://goo.gl/wgxbUq US citizens lose half a decade in lifespan versus people born in rich European and Asian countries Lianna Brinded – Quartz The US ranks a dismal 34th place for life expectancy in the World Economic Forum’s highly-anticipated Global Competitiveness Report. However, people living in major financial centers in Europe and Asia, such as Hong Kong or Switzerland, can expect to live…

Asia Pacific Financial News from John Lothian News – September 29, 2017 Standard

Lead Stories Top U.S. Spymaster Warns American Firms About Deals With China By Sara Forden and David McLaughlin – Bloomberg Standards for foreign deal reviews need reform, Evanina says; Official cites risk to U.S. control over strategic technology The top U.S. counterintelligence official said American firms need to be cognizant of the national security risks that could arise from selling to Chinese buyers or entering into joint ventures with them. https://goo.gl/trhaNV China’s bitcoin market alive and well as traders defy crackdown; Activity moves to peer-to-peer exchanges and messenger apps after Beijing’s order to close exchanges earlier this month Reuters via…

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

Lead Stories Gordon Brown warns next financial crisis could come from Asia Jasper Jolly – City AM Massive shadow bank lending to firms in Asian economies could be storing up the next global financial crisis, according to former Prime Minister Gordon Brown. https://goo.gl/DgfuyU Financial assets in Southeast Asia grow, but debt build-up a concern By Asia Asset Management Financial assets in four Southeast Asian countries – Singapore, Thailand, Malaysia and Indonesia – collectively grew 8% to 20.41 trillion euros (US$24 trillion), from 18.8 trillion euros in 2015, but “dangerously high” debt ratios similar to levels in the US before the…

Asia Pacific Financial News from John Lothian News – September 26, 2017 Standard

Lead Stories China ‘strongman’ Xi to put stamp on communist charter; Wording will be watched as measure of power and for signs of growing cult of personality Lucy Hornby in Beijing – FT Since becoming Chinese president in 2012, Xi Jinping has been tightening his grip on civil society, the military and competing political cliques. https://goo.gl/KcTVyY Japan’s big banks plan digital currency launch; J Coin designed to wean Japanese off heavy dependency on cash Martin Arnold and Leo Lewis in Tokyo – FT Japanese banks plan to introduce a digital currency ready for the 2020 Tokyo Olympics as they respond…