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China's Xi Jinping swears by Marxism as Communist Party celebrates 95th anniversary
July 1, 2016--Xi also warns Taiwan against seeking independence from China.
As China celebrates its Communist Party's 95th anniversary on 1 July, its President Xi Jinping said corruption within the party is posing a bigger threat, and called on its members to adopt Marxism and its ideologies. A grand ceremony is being held in Beijing at the Great Hall of the People. He reiterated that history had chosen the Communist Party to rule the country.
China's fund industry almost doubles in 2015
July 1, 2016--Investors looking to flee the country face tight restrictions imposed by Beijing
China's fund industry almost doubled in size in 2015 as a series of interest rate cuts spurred rapid growth of money market funds.
TWSE to explore cross-border cooperation with Bursa Malaysia China shows commitment to renminbi stability with currency fix EURO STOXX 50 And DAX Indices Licensed to iShares to Underlie Two Exchange-Traded Funds in Hong Kong
"We are pleased that the offering for STOXX’s and Deutsche Böerse's flagship indices is expanded in Hong Kong," said Matteo Andreetto, chief executive officer, STOXX Limited. Thailand's Economy Expected to Grow 2.5 Percent in 2016 8 things you need to know about China's economy Reforms Strengthen Indonesia's Economic Resilience: World Bank Report view the Indonesia Economic Quarterly, June 2016: Resilience through Reforms World Bank report World Bank-India Development Update-June 2016 view the World Bank report-India development update:financing double-digit growth
"The EURO STOXX Select Dividend 30 Index is part of STOXX's innovative smart-beta offering. As we weigh the components in this index by dividend yield rather than market cap, it offers direct access to the performance of high-dividend paying companies," said Matteo Andreetto, chief executive officer, STOXX Limited.
June 29, 2016--The Taiwan Stock Exchange Corporation (TWSE) has just entered into a second Memorandum of Understanding (MoU) with Bursa Malaysia Berhad (Bursa Malaysia) to jointly study the potential for cross-border cooperation, following an earlier MoU that was signed between both parties back in 1999.
According to a press release by the TWSE dated June 28, the joint study will explore capital market opportunities and possible areas of collaboration between Taiwan and Malaysia in exchange-traded funds, indices, market connectivity and market promotional activities.
June 29, 2016--Beijing sets exchange midpoint at unexpectedly strong level.
China fixed the renminbi's exchange rate at a level stronger than many expected on Wednesday in a sign that stability for the currency remained Beijing's paramount objective.
June 29, 2016--STOXX Ltd., the operator of Deutsche Böerse Group's index business, and a global provider of innovative and tradable index concepts, today announced that the EURO STOXX 50 and the DAX have been licensed to iShares, to serve as the underlying for two exchange-traded funds (ETFs) in Hong Kong.
iShares are a family of exchange traded funds (ETFs) marketed and managed by BlackRock. The new ETFs will be available on the Hong Kong Stock Exchange as of today.
June 28, 2016--Continuing Economic Reforms, Addressing Aging Population Are Critical Priorities
Thailand's economy is expected to grow by 2.5 percent in 2016, after growing 2.8 percent last year.
While the global economy has been weakening and exports have been slowing, strong fundamentals and ample fiscal and monetary buffers will help Thailand weather shocks, according to the 2016 Thailand Economic Monitor released today by the World Bank.
June 23, 2016--The Chinese economy receives a lot of interest in the media but it can be difficult to keep track of the basic facts. Here is an overview of China's economy in the context of its global economic rise.
China was the world's largest economy in 1820-and is the second largest economy today
When President Monroe looked beyond the United States in the 1820s, he saw a vastly different world than the one we see today: the Greeks had just begun to revolt against the Ottoman Empire, Brazil declared independence from Portugal and the world's first modern railway opened in England, where the first industrial revolution was already underway. Meanwhile, China, where the Qing dynasty approached its third century of imperial rule, held the largest share of global GDP.
Lower than Expected Global Growth Forecast Poses Risks to Stronger Domestic Economic Recovery
June 20, 2016--Indonesia's economy continues to prove resilient with a forecasted GDP growth of 5.1 percent for 2016.
But weaker than expected global economic expansion may moderate the growth recovery of Southeast Asia's largest economy, according to a new World Bank report. The World Bank recently lowered its growth projections for the world by half a percentage point than previously expected, to 2.4 percent.
June 20, 2016--The World Bank's latest India Development Update-a twice yearly report on the Indian economy and its prospects-finds that India's economy expanded at a faster pace in FY 2016.
The report says that the economy was lifted to a higher growth path by demand from urban households and public investments, despite the fact that other key growth engines had stalled.
