Bursa Malaysia announced CIS regulatory framework enhancements
April 2, 2018--Bursa Malaysia Securities Bhd today announced enhancements to the regulatory framework for listed collective investment scheme (CIS) and business trust under the Main Market Listing Requirements (Main LR).
The CIS includes the Real Estate Investment Trusts (REITs), Exchange Traded Funds (ETFs) and Closed-End Funds (CEFs).
The enhancements arise from a review of the existing CIS framework by the Securities Commission Malaysia (SC) and the exchange, aimed at promoting growth and greater business efficiency of CIS and business trust listed on the Main Market.
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Source: News Straits Times
TSE Now Accepting Applications for ETF Market Makers
April 2 2018--Tokyo Stock Exchange, Inc. (TSE) plans to introduce an ETF market making incentive scheme in July 2018 to improve liquidity in the ETF market and, as of today, has started accepting applications for ETF Market Makers. The first applicant was Nomura Securities Co., Ltd., which has now been designated as ETF Market Maker.
Through this incentive scheme, ETF Market Makers will continue providing a certain amount of bid and ask quotes within a predetermined spread, whereby investors will be able to consistently trade ETFs at a lower trading cost.
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Source: JPX (Japan Exchange Group)
China hits back at Trump with retaliatory tariffs on 128 US imports, worth US$3 billion a year
April 2, 2018--US fruit and pork are among products targeted by Beijing with tariffs of up to 25 per cent
China on Monday imposed tariffs of up to 25 per cent on 128 US imports worth US$3 billion a year, including fruits and pork, in retaliation to US duties on steel and aluminium, fuelling fears of a trade war.
Beijing's move, which the Xinhua news agency said was decided by the custom tariffs commission of the State Council, follows weeks of heated rhetoric and threats between the world’s two biggest economies.
view more IMF-IMF Staff Completes 2018 Article IV Mission to Thailand A comprehensive package of structural reforms will help strengthen key drivers of long-run growth. view more
SEBI Looks to Strengthen Low-Touch Trading Guidelines World Bank-Infrastructure Gaps Vary across East Asia and the Pacific-and between Cities and Rural Areas The findings reflect the composition of the region, a diverse mix of high-income and low-income economies with several large middle-income economies. Infrastructure access is also marked by fragmentation, with notable differences between low-income and high-income ASEAN countries, between ASEAN and the Pacific Islands countries, and between rural and urban areas. view the World Bank The Status of Infrastructure Services in East Asia and Pacific report
Is China's Belt and Road working? A progress report from eight countries Gwadar's potential went unrealized for decades, but it is now at the heart of a hugely ambitious plan known as the China-Pakistan Economic Corridor, or CPEC. China has pledged to spend $63 billion to bolster Pakistan's power plants, ports, airports, expressways and other infrastructure under the initiative, which Beijing positions as one of the pillars of its $1 trillion global Belt and Road Initiative championed by Chinese President Xi Jinping.
view more March 2018 Indonesia Economic Quarterly: Towards inclusive growth view the World Bank March 2018 Indonesia Economic Quarterly: Towards inclusive growth
SET welcomes BMSCG ETF tracking mid and small-cap stocks with high CG scores view more If you are looking for a particuliar article and can not find it, please feel free to contact us
March 30, 2018--Move aimed at strengthening risk management norms to minimise the threat of widespread default during excess volatility.
Traders with a very high or significant exposure to commodity and equity derivatives market may soon have to pay a higher margin compared with other traders as the Securities and Exchange Board of India (SEBI) is planning to create a structured framework for levying a 'concentration margin,' according to a person familiar with the development.
Source: thehindu.com
March 29, 2018--Thailand's economic performance continues to be favorable, with growth rising to 3.9 percent in 2017 and exports taking advantage of the strong recovery of global trade.
However, growth has not been broad-based and the current account surplus remains large. To achieve a more balanced growth, the mission recommends an expansionary policy mix based on fiscal stimulus and monetary easing, with macroprudential policy preserving financial stability.
Source: IMF
March 28, 2018--One overseas regulator is carefully examining ways to make electronic trading easier and promote the use of algorithms in its trading markets. The goal-make the markets accessible to the masses.
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Source: tradersmagazine.com
March 28, 2018--Lack of clean water facilities, roads in need of repairs, recurring power outages these are the realities of many developing countries, including in the East Asia and Pacific region.
The Status of Infrastructure Services in East Asia and Pacific, a report by the World Bank Group’s Infrastructure, PPPs, and Guarantees unit, or IPG Group, based at the Hub for Infrastructure and Urban Development in Singapore, shows in detail the infrastructure gaps that are critical for economic growth.
Source: World Bank
March 28, 20-18--Beijing's infrastructure push clouded by project delays and mounting debt
The idea of transforming the ancient fishing village of Gwadar into a bustling port city has been around since at least 1954, when Pakistan commissioned the U.S. Geological Survey to examine its coastline.
Their conclusion: Gwadar, which sits on the Arabian Sea, would be an ideal location for a deep-water port.
Source: asia.nikkei.com
March 27, 2018--Indonesia's economic growth picked up in the fourth quarter of 2017 to 5.2 percent year-on-year from 5.1 percent in the third quarter. Stronger growth was driven by higher domestic demand, especially investment.
For 2017 as a whole, GDP growth rose to 5.1 percent from 5.0 percent in 2016, the highest in four years. The stronger outturn was partly due to stronger investment and net exports, in line with the continued recovery in commodity prices, strong global growth and international trade flows.
Source: World Bank
March 27, 2018--The Stock Exchange of Thailand (SET) is ready to list
BCAP Mid Small CG ETF (BMSCG), the exchange-traded fund (ETF), managed by
Bangkok Capital Asset Management Co., Ltd. (BCAP) on March 27. BMSCG aims to
invest in securities which are components of BCAP Mid Small CG Index TR.
SET Senior Executive Vice President Rinjai Chakornpipat said that BMSCG is
designed to serve investors who looking for mid and small-cap stocks with good
corporate governance (CG) practices, rather than SET50, by investing in BCAP Mid
Small Cap CG Index TR, a newly developed index calculated by S&P Opco, LLC (a
subsidiary of S&P Dow Jones Indices LLC) and with the copyright owned by
Bangkok Capital Asset Management Co., Ltd.
Source: The Stock Exchange of Thailand (SET)