It can be red faces all round when it comes to debt financing without a healthy dose of ESG. Even in cost-sensitive emerging markets sustainable finance is going mainstream.
Where does Libor live in a bank? Why are banks in Asia not looking at Libor transition seriously? Which bank is racing ahead? It’s been an interesting couple of weeks for Libor transition watchers.
The Philippine central bank is resorting to a measure first implemented in the 1997 Asian Financial Crisis. Is this the first sign of a big chill in regional FX markets?
Highly controlled and with tiny international reserves, there are many stumbling blocks to the renminbi as a global currency. But could emerging economies along the Belt and Road change all that?
China signs depositor protection MOU with US; Singapore publishes final derivatives reporting rules; Foreign Companies can trade equity in China’s “third bourse”