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.
view more
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.
view more
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.
view more
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.
view more
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
BOJ Apr Minutes: Board Saw Risk of Slow Wage, Price Hikes
June 20, 2017--The Bank of Japan board noted the downside risk that slow wage hikes and firms' cautious stance on raising retail prices could further delay the estimated timing of guiding near-zero inflation to its 2% target around fiscal 2018, the minutes of the bank's April 26-27 policy meeting released Wednesday showed.
view more
Source: marketnews.com
As Bond Connect goes live, Hong Kong expects windfall gains as gateway for Chinese bonds
June 19, 2017--China and Hong Kong are soon set to roll out the so-called Bond Connect that will allow global fund managers to buy into the rapidly-growing Chinese interbank bond market through Hong Kong.
This could well prove wrong the pessimists who had long worried that Hong Kong's role as a financial center would be eclipsed by the rise of rivals such as...
view more
Source: mlexfs-core.com
Japan: Staff Concluding Statement of the 2017 Article IV Mission
June 19, 2017--The current momentum in the Japanese economy provides an opportunity to push forward with reforms that will enhance growth and inflation prospects and mitigate medium-term risks.
Above-potential growth and low unemployment provide room for actions that would be more difficult in other times. The need for a bolder approach is highlighted by several factors. First, recent growth is grounded in external gains and temporary fiscal stimulus. Second, labor shortages have yet to feed through to wages, and inflation has not shown a durable lift-off. Finally, demographic headwinds and an unprecedented level of public debt will continue to generate significant policy challenges over the medium term.
view more
Source: IMF
World Bank: Indonesia begins 2017 on a strong footing
June 15, 2017--Conducive global environment and improved domestic fundamentals support positive economic outlook
Indonesia's economy began 2017 on a strong footing, helped by a more supportive global environment and improved domestic fundamentals. The country's real GDP growth is projected to increase from 5.2 percent this year to 5.3 percent in 2018, according to the World Bank's June 2017 Indonesia Economic Quarterly.
view the World Bank June 2017 Indonesia Economic Quarterly: Upgraded
Source: World Bank
If you are looking for a particuliar article and can not find it, please feel free to contact us for assistace.