IMF-Vietnam: Selected Issues
July 5, 2017--ENVIRONMENT AND CLIMATE CHANGE1
Vietnam's economy and population are expected to be increasingly affected by climate change. In
addition, the country's growth model-which permitted quick reduction of poverty-has been
unsustainably relying on mining and natural resources and air, land and water pollution increased.
Well aware of the critical challenges faced by the country, the government has undertaken numerous
initiatives and programs to adapt the economy to climate change risks and transform the growth
model to support an environmental-friendly economy, but significant challenges remain.
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Source: IMF
New VanEck floating rate ETF to be launched on ASX
July 3, 2017--The ASX will soon have another income-focused ETF available for investors to trade when VanEck launches its Vectors Australian Floating Rate ETF.
The new ETF will be an Australian floating rate note ETF which will traded under the ASX code of FLOT.
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Source: Yieldreport.com.au
SGX will be listing daily leverage certificates
July 3, 2017--It will be the first in Asia to do so.
Singapore Exchange (SGX) announced that it will be commencing the trading of Daily Leverage Certificates (DLCs) on Asian indices starting from July 17.
SGX is Asia's first venue to offer trading in DLCs, allowing Specified Investment Products (SIP)-qualified investors to gain fixed leveraged exposure to key Asian indices.
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Source: Singapore Business
World's Largest Pension Fund Selects New FTSE Russell ESG Index
July 3, 2017--FTSE Russell launches new FTSE Blossom Japan Index
The Government Pension Investment Fund (GPIF) of Japan selects FTSE Blossom Japan Index.
FTSE Russell collaborating with GPIF to promote stewardship and high standards of corporate ESG performance and disclosure
Growing trend among asset owners to integrate ESG considerations into passive investment strategies
FTSE Russell today announces the creation of a new index, the FTSE Blossom Japan index. The Government Pension Investment Fund (GPIF) of Japan has selected the index as a core ESG benchmark through its flagship fund. GPIF is the largest pension fund in the world with over $1.3tn* in assets.
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Source: ftserussell.com
China widens investor access as bond trading link with Hong Kong launches
July 3, 2017--Officials banged a gong and clinked glasses of champagne as they officially kicked off trading on long awaited Bond Connect link
Global investor access to China's financial markets is widening further with the launch of a bond trading link with Hong Kong.
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Source: theguardian.com
World Bank-Philippines Remains on Strong Growth Path in 2017-2018
July 1, 2017-- The World Bank projects continued robust growth for the Philippines and expects the country's economy to expand at 6.8 percent in 2017.
The World Bank has updated the economic outlook for the Philippines for 2017-2018 as part of its quarterly forecast exercise.
view the World Bank report-Philippines Economic Update: Advancing the Investment Agenda
Source: World Bank
Handling of Tick Sizes from August 1 onward
June 30, 2017--As previously announced, TSE have applied a separate set of narrower tick sizes to TOPIX100 constituents from January 14, 2014 onward (as prescribed in Rule 14, Paragraph 3, Item 1-b of the Business Regulations; hereinafter referred to as "narrow tick sizes").
The handling of the application from August 1 onward shall be as follows.
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Source: Japan Exchange Group
ULTUMUS-Global ETF Monitor
June 30, 2017--Asia:
Samsung has listed a new leveraged Korean oil note, the Samsung Leverage WTI Crude Oil Futures ETN 31 (530031). The ETN aims to track the S&P GSCI Crude Oil 2X Leveraged TR Index
It is the second ETN to track this index, the other being issued by Yuanta, a Taiwanese issuer.
Samsung has also listed two new covered call ETNs Samsung Securities Samsung K200 Call 1807-01 ETN 34 (530034, 530035), which track the KOSPI 200 Covered Call Index.
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Source: ULTUMUS-Financial Data Management
Blockchain Research Lab to Combat Financial Fraud in Shenzhen
June 28, 2017--A group of think tanks and universities are co-launching a new blockchain research lab in Shenzhen, China.
Opened on June 26th, the research lab is a collaborative initiative that includes participation from the Chinese Academy of Sciences, the Shenzhen Institutes of Advanced Technology and Zhaolian Finance, one of the largest companies in China's consumer finance industry.
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Source: coindesk.com
World Bank-Skilling India
June 23, 2017--India is the world's fastest growing economy, expected to grow at 7.2 percent in 2017-18, and at 7.7 percent by 2019-20.
The government of India has ambitious plans to transform India into a competitive, high-growth, high productivity middle-income country. The economy is now diversifying from being largely agro-based to a manufacturing and service-based economy. These ambitious plans to transform the Indian economy are highly dependent on the availability of jobs and the quality of the labor force. This has resulted in an increased demand for skilled labor over the past few years.
view infographic-Making India the Human Resource Capital of the World
Source: IMF