Asia-Pacific ETP News for the Past 14 days
China cuts key lending rates to support growth
October 20, 2024-- China cut benchmark lending rates as anticipated at the monthly fixing on Monday, following reductions to other policy rates last month as part of a package of stimulus measures to revive the economy. |
| RSMC is Rockefeller's first actively managed SMID Cap ETF and, at the time of launch, is among the largest actively managed SMID cap ETFs with approximately $740 million in assets. The strategy seeks to invest primarily in US small and mid-cap companies with durable business models and enduring growth, with the goal of delivering attractive risk-adjusted returns. The one-year loan prime rate (LPR) was lowered by 25 basis points to 3.10% from 3.35%, while the five-year LPR was cut by the same margin to 3.6% from 3.85% previously. The lending rates were last cut in July. |
Asia's Economies Can Embrace Services to Boost Growth and ProductivityOctober 30, 2024--Manufacturing has been the engine of growth in Asia, but a transition to modern, tradable services could be new source of growth and productivity |
Japan maintains cautious stance on crypto ETFsOctober 23, 2024--While global markets embrace crypto ETFs, Japan's strict tax policies and regulatory caution impede further adoption. |