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Category Archives: Asia/Pacific

Asia/Pacific sub of Regions category

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…

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…

Asia Pacific Financial News from John Lothian News for August 9, 2017 Standard

Lead Stories Trump’s ‘Fire and Fury’ North Korea Warning Puts World on Edge By Justin Sink and Shinhye Kang – Bloomberg Kim Jong Un ‘has been very threatening,’ Trump tells reporters U.S. markets jolted, South Korea and Japan stocks both fall President Donald Trump’s threat to hit North Korea with “fire and fury” jolted markets from New York to Seoul even as U.S. lawmakers questioned the president’s willingness to back up the heated rhetoric. https://goo.gl/Yc22if Trump’s Harsh Language on North Korea Has Little Precedent, Experts Say By JULIE HIRSCHFELD DAVIS – NY Times President Trump’s warning on Tuesday that North…

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

Lead Stories Asia is building its own world order Parag Khanna – CNN Much has been made recently of how the policies of the Trump administration clash with the global conventional wisdom — and how these contrast with the new spirit of global leadership emanating from China. https://goo.gl/wNXVhL Time’s come for an Asian-Asean century By Roberto F de Ocampo – Asia News Network The first step in Asean’s long journey to today can, perhaps, be said to have been taken about 13 years before its formal founding in August 1967 with the signing of the Bangkok Declaration by the Philippines,…

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

Lead Stories NSEL scam: Jignesh Shah denies violation of Sebi rules; alleges conspiracy; I stand tall, no agency has found anything against me, he said in the press conference Business Standard Embattled businessman Jignesh Shah on Friday denied any violation of insider trading norms following Sebi order against 13 entities, including his relatives, with regard to trading in shares of MCX and erstwhile FTIL even as he alleged “conspiracy” against him. https://goo.gl/34Xmkt China blacklists nine HSBC mutual funds for IPO violations; Regulators target market corruption in share subscription process Gabriel Wildau in Shanghai – FT HSBC’s China fund management venture…

Asia Pacific Financial News from John Lothian News -August 3, 2017 Standard

Lead Stories Your Evening Briefing: China Fears a Meltdown, Hong Kong’s Tiny Flats Bloomberg News China is afraid of what it might become – more specifically, it’s afraid of becoming Japan. A new light has been shone on the reasons for Beijing’s dramatic crackdown on private firms snapping up foreign assets — a report commissioned by President Xi Jinping’s top economic adviser, in which a key recommendation was to curtail big private companies’ global buying spree. The study warns China is in danger of emulating Japan in the 1980s, when it had become a manufacturing powerhouse and started buying up…

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

Lead Stories Hong Kong Exchange plans blockchain-based share market Finextra The Hong Kong Stock Exchange is planning to launch a new private market to provide early stage companies with a blockchain-based share registration and transfer platform for the conduct of pre-IPO financing off-exchange and clear of the regulatory remit of the Securities and Futures Ordinance. https://goo.gl/yJnck2 India’s Real Interest Rates Compared With Other Asia Economies By Arijit Ghosh – Bloomberg The RBI cut the repo rate today, as forecast by most economists in the Bloomberg survey. This is where India’s real interest rates now stand, compared with other central banks…

Asia Pacific News from John Lothian News – August 1, 2017 Standard

Lead Stories How to fix Hong Kong’s markets Chris Wright -Euromoney Everyone has a complaint about how Hong Kong’s markets are run, whether it is cornerstones, regulation, secret orders, or simply poor performance. How does HKEx get the environment right when everyone has a different idea of what is wrong? https://goo.gl/dmP8mS How China’s biggest bank became ensnared in a sprawling money laundering probe By ANGUS BERWICK and DAVID LAGUE – Reuters Part 1: When Chinese residents of Spain needed to get piles of illicit cash back home, police allege, they found an accomplice in the Industrial and Commercial Bank of…

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

Lead Stories Today we share with you the remembrances of several industry colleagues of the late Magnus Böcker on his life and the impact it had on them and our markets. We hear from Craig Donohue of OCC, Sutat Chew and Michael Syn of SGX, Adena Friedman of Nasdaq, Walt Lukken of the FIA, Nandini Sukumar of WFE, Phupinder Gill (formerly of CME Group), Nils-Robert Persson of Cinnober and Terry Duffy of the CME Group.~JJL Waldorf Owner Pressured to Sell as China Clampdown Escalates Bloomberg News China’s government said to ask Anbang to sell overseas assets; Insurer’s Waldorf purchase symbolized…