Breaking News

Tag Archives: Taiwan

Asia Pacific Financial News from John Lothian News – November 22, 2017 Asia/Pacific,Banks, Brokers & Managed Funds,Blog,Exchanges, OTC & Clearing,Investing & Trading,JLN Subgroups,Politics,Regions,Regulation & Enforcement

Lead Stories Asian American Executives Are Missing on Wall Street; The group makes up less than 15 percent of upper management at four of the biggest U.S. banks Laura Colby – Bloomberg Asian Americans get hired at a much higher rate than their proportion of the general U.S. population but that doesn’t mean they’re climbing the executive ranks at the same pace. Across corporate America, Asians make up 12 percent of professionals and 5 percent of executives, according to Equal Opportunity Commission data. In finance, four of the biggest U.S. banks have less than 15 percent of their Asian workforce…

Asia Pacific Financial News from John Lothian News – November 21, 2017 Asia/Pacific,Banks, Brokers & Managed Funds,Blog,Exchanges, OTC & Clearing,Fintech,Investing & Trading,JLN Subgroups,Politics,Regions,Regulation & Enforcement

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 News – November 20, 2017 Asia/Pacific,Banks, Brokers & Managed Funds,Blog,Exchanges, OTC & Clearing,Investing & Trading,JLN Subgroups,Regions,Regulation & Enforcement

Lead Stories China Looks to the Dumb Money for Its Financial Industry; A slowing economy suggests the sector is under strain and needs help. By Noah Smith – Bloomberg China is opening its financial firms to more foreign ownership. The opportunity might seem tempting. But developed-world buyers should beware — it’s possible that it’s a trap. https://goo.gl/tqTq6J Xi’s China will only showcase illiberalism and dogma; No real deleveraging and 2018 will probably see more monetary easing to assuage markets George Magnus – FT The Chinese Communist party’s 19th Congress continues to shape the way we think about China, policymaking and…

Asia Pacific Financial News from John Lothian New – November 17, 2017 Asia/Pacific,Banks, Brokers & Managed Funds,Blog,Exchanges, OTC & Clearing,Fintech,Investing & Trading,JLN Subgroups,Politics,Regions,Regulation,Regulation & Enforcement

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…

Asia Pacific Financial News from John Lothian News – November 16, 2017 Asia/Pacific,Banks, Brokers & Managed Funds,Blog,Exchanges, OTC & Clearing,Fintech,Investing & Trading,JLN Subgroups,Politics,Regions,Regulation,Regulation & Enforcement

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

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 Asia/Pacific,Banks, Brokers & Managed Funds,Blog,Exchanges, OTC & Clearing,Fintech,Investing & Trading,JLN Subgroups,Politics,Regions

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

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…

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

Lead Stories Xi, Trump Offer Dueling Visions of Globalization at Asia Forum Peter Martin, Jennifer Jacobs and Justin Sink – Bloomberg The two leaders speak in back-to-back addresses in Vietnam; Trump says play by the rules, Xi says get on the China train Chinese President Xi Jinping and U.S. President Donald Trump laid down starkly contrasting visions for Asia’s future Friday, with Xi pledging a new era of globalization propelled by his nation’s economic might as Trump offered America’s largess only to those who play by his rules. https://goo.gl/79PXdD China’s Path Toward Opening Up its Financial System Bloomberg News Since…