India sees GDP growing faster after Modi cash ban
January 6, 2017--Prime Minister Narendra Modi's cash clampdown may hurt the Indian economy less than economists predicted.
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Source: FIN24
Offshore renminbi has sharpest jump in nearly a year
January 4, 2017--Chinese currency climbs on speculation Beijing is stepping up controls
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Source: FT.com
The Automotive Sector Can Transform South Asia Economically
January 4, 2017--South Asia is increasingly building its capacity to become a globally competitive leader in the automotive manufacturing sector. With gains in productivity, innovation, research and development, the region can take advantage of the auto sector's potential to drive substantial economic progress.
So concludes a new World Bank study that examines a range of factors affecting South Asia's competitiveness in the automotive sector. The study appears in a new report,"South Asia's Turn: Policies to Boost Competitiveness and Create the Next Export Powerhouse," which notes that the region has the potential for greater global competitiveness in many different sectors but must pursue multiple policies to perform as well as other comparable regions, such as East Asia.
view the South Asia's Turn: Policies to Boost Competitiveness and Create the Next Export Powerhouse
Source: World Bank
Cabinet proposes cut to securities transaction tax
December 31, 2016--The government has decided to cut the transaction tax starting next year, in a move set to please local stock investors and boost market turnover in 2017.
Minister of Finance Sheu Yu-jer said on Friday that Premier Lin Chuan had approved a plan submitted by the ministry to cut the transaction tax on day trading to 0.15 percent from the current 0.3 percent.
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Source: chinapost.com.tw
Fubon debuts VIX futures ETF in Taiwan
December 30, 2016--Taiwan's first exchange-traded fund (ETF) tracking volatility index futures (VIX futures), launched by Fubon Securities Investment Trust Co (Fubon SITC), will be listed on the Taiwan Stock Exchange (TWSE) today, Dec 30.
The Fubon S&P 500 VIX Short-Term Futures ETF raised NT$655 million (US$20.28 million), raising the number of ETF listings in Taiwan to a record high of 27 for this year.
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Source: asiaasset.com
Blockchain technology could help RMB replace USD as international safe-haven currency: KPMG
December 28, 2016-KPMG has released a new report which provides analysis of important topics and key performance indicators in China's banking industry.
Titled "2016 Q3 China's banking sector: Performance of listed banks and hot topics", the report focuses on big data used to promote the transformation of banking outlets; how to build a data mart for banking credit risk from the basics; the interpretation of the implications of Circular No.42 on banking business; the discussion and analysis of the accounting treatment of the business of investment-loan linkage of banks; and the implications of blockchain technology on commercial banks and proposed countermeasures.
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Source: econotimes.com
BoJ's stimulus breadcrumb trail leads to Reit ETFs
December 27, 2016--It is getting harder for the bank to meet its asset purchase target.
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Source: FT.com
Korean Blockchain Service Platform Receives State-Authorized Certification
December 14, 2016--Korean Fintech startup Blocko's blockchain-as-a-service (BaaS) middleware platform Coinstack has received the state-authorized "First Class Gold Software (GS) Certificate'.
The recognition that could conceivably see adoption of its blockchain toolkit among public agencies.
More Hong Kong exchange traded funds seen delisting next year as product lines overhauled
December 14, 2016--Hong Kong will see more exchange traded funds (ETFs) delisted next year as fund managers continue to overhaul their product lines amid slow asset growth and low turnover.
"I believe there will be more delistings in Hong Kong," Eva Chan, a partner at law firm Simmons & Simmons, which has advised on over two thirds of the ETFs in the city, told the Post.
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Source: scmp.com
BetaShares Australian ETF Review-November 2016
December 13, 2016--In an historic month for global geopolitics, the Australian exchange traded funds industry reached new record highs, and also experienced its largest trading month on record.
The industry ended the month at $24.6B-a new all-time record. In addition, the industry's trading value reached $2.5B for the month, which was also a record, and indicates that investors are following the global trend of utilising exchange traded products to express investment views during significant market events.
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Source: betashares.com.au