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Tag Archives: FinTech

Asia Pacific Financial News from John Lothian News – September 21, 2017 Asia/Pacific,Blog,Exchanges, OTC & Clearing,Fintech,Investing & Trading,Politics,Regions,Regulation,Regulation & Enforcement

Lead Stories Twenty years on: The Asian crisis and regional financial arrangements Author: David Nellor, Jakarta – EastAsiaForum.org Proposals for an Asian Monetary Fund (AMF) dominated corridor conversations at the 1997 IMF–World Bank annual meetings in Hong Kong. The Asian financial crisis had erupted a few months earlier and was engulfing the region. https://goo.gl/i31LWq Phoenix Rising: A Century Of Asia’s Markets And Economic Highlights Pamela Ambler , – Forbes Forbes is celebrating 100 years of its business-empowering magazine. To commemorate the milestone in Asia, we take a look back at regional markets and economies over the past century. Japan, Hong…

The Birth of Fintech – Anna Irrera Feature,MarketsWiki Education,MWEd,Video,video

“[Fintech] is an incredibly broad term. It means the ATM you’re using in a bodega, but it also means the sophisticated software used to spot fishy behavior in markets.” In this video from MarketsWiki Education’s World of Opportunity event in New York, Anna Irrera, a fintech correspondent for Reuters, breaks down how fintech is revolutionizing the financial industry. While fintech is a broad term, Irrera talks about four main areas: payments, online lending, digital wealth management and blockchain projects.

Asia Pacific Financial News from John Lothian News – September 20, 2017 Asia/Pacific,Blog,Exchanges, OTC & Clearing,Fintech,Investing & Trading,Politics,Regions,Regulation,Regulation & Enforcement

Lead Stories Trump’s Threats Loom as China Weighs Opening to Wall Street, Tesla Bloomberg News China is said to consider giving foreign firms more access; Moves may be concession to U.S. before Trump visit in November Coincidence or not, China appears set to ease restrictions on foreign automakers and banks amid sustained pressure from U.S. President Donald Trump to open up its economy. https://goo.gl/gnQQKd Ex-Barclays chief to expand bank technology service into Asia; Antony Jenkins’ group gains Ping An backing for tech that allows faster customer data retrieval Emma Dunkley – FT Antony Jenkins, the former Barclays chief executive, is…

Asia Pacific Financial News from John Lothian News – September 18, 2017 Asia/Pacific,Banks, Brokers & Managed Funds,Blog,Exchanges, OTC & Clearing,Fintech,Investing & Trading,Regions,Regulation

Lead Stories Superpower India to Replace China as Growth Engine; India’s economy has youth on its side. By Michael Heath – Bloomberg India is poised to emerge as an economic superpower, driven in part by its young population, while China and the Asian Tigers age rapidly, according to Deloitte LLP. https://goo.gl/scvDUF Can Asia weather the next global financial crisis? BY TAKEHIRO MASUTOMO Ten years since the Great Recession and 20 since the Asian Contagion, now is an appropriate time to reflect on past financial crises – and ask whether East Asia is ready to deal with the next one. https://goo.gl/wPmWb3…

Asia Pacific Financial News from John Lothian News Asia/Pacific,Banks, Brokers & Managed Funds,Blog,Exchanges, OTC & Clearing,Fintech,Investing & Trading,Regions,Regulation,Regulation & Enforcement

Lead Stories China Bans Brokerage CEOs From Time Off, Trips Amid Congress Bloomberg News CSRC is said to give order before party congress on Oct. 18; Policy makers want to ensure stable markets for the gathering As China’s most important political event in years draws nearer, regulators have made it clear to the nation’s top financiers that they don’t want to see any major turbulence in markets. https://goo.gl/GKdWSJ Chindia Needs One More Thing From Apple; The new iPhones are too expensive for many emerging-market consumers. By Tim Culpan – Bloomberg Apple Inc.’s long-awaited release of three new iPhone models has…

Asia Pacific Financial News from John Lothian News – September 12, 2017 Asia/Pacific,Banks, Brokers & Managed Funds,Blog,Fintech,Regions,Regulation,Regulation & Enforcement

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 Asia/Pacific,Banks, Brokers & Managed Funds,Blog,Investing & Trading,Politics,Regions,Regulation,Regulation & Enforcement

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 Asia/Pacific,Banks, Brokers & Managed Funds,Blog,Exchanges, OTC & Clearing,Fintech,Investing & Trading,Regions,Regulation,Regulation & Enforcement

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 Asia/Pacific,Banks, Brokers & Managed Funds,Blog,Exchanges, OTC & Clearing,Fintech,Investing & Trading,Regions,Regulation,Regulation & Enforcement

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…