Reliance Industries, Aditya Birla Group, and Bharti Enterprises rushed to make a deadline to apply for bank licences in India; China's State Administration of Foreign Exchange has expanded pilots for cross-border ...
China and Russia sign a slew of finance and trade deals, including a Rmb150 bln swap agreement; The HKMA courts Thai renminbi business with special promotions for the Chinese currency; China's Ministry of Finance ...
Bernard Shum has been picked by the National Bank of Abu Dhabi to be its new head of corporate and institutional banking in Hong Kong to establish the bank's new Asian hubs.
Hong Kong enables Islamic bonds to be issued; China's banking regulator pushes for Basel III standards; Myanmar's FX policy gets thumbs up from Standard Chartered
Global trade flow volumes have declined in 2012, dwindling to $37.7 billion and registering 217 deals in the year. This is down from $40.5 billion and 593 deals recorded in 2011.