RBC Wealth Management Bolsters Asia Expansion
RBC Wealth Management Bolsters Asia Expansion RBC Wealth Management is stepping up its recruitment drive in Asia, appointing…
The traditional bank account is facing an existential threat from digital wallets
Jan said many Binance employees, including himself, already keep most of their assets on the exchange. “I could…
StanChart: $95 Per Barrel Is The New Oil Price Equilibrium
Oil prices were rallying again on Wednesday after Iran’s Islamic Revolutionary Guard Corps (IRGC) captured two commercial vessels…
Analysts doubt Iran war will prompt China stimulus, tip ‘solid’ first-quarter GDP growth
The US-Israeli war on Iran and the current Iranian and American blockades of shipping through the Strait of…
How PayMe’s 3.3 million users and Hong Kong firms could start using stablecoins
For Hong Kong’s 3.3 million PayMe users, everyday transactions such as buying coffee or splitting bills with friends…
China’s yuan settlements hit record, and the Iran conflict is looking like a catalyst
Rising demand for yuan settlement amid Middle East tensions is driving record transaction amounts in China’s cross-border payment…
China’s yuan may be going global faster than Western data suggests, analysts say
This could help explain the gap between Beijing’s official narrative – which describes the yuan as the world’s…
StanChart: Bearish Oil Glut Narrative Fades as Brent Breaks $70
Oil prices surged to their highest level in months in Wednesday’s session after reports emerged that U.S. President…
New phrase, new phase? China’s central bank adjusts language on yuan internationalisation
China’s central bank has adopted a more proactive tone when describing its efforts to promote the global use…
Wall Street’s $140 Billion China Property Dream Is Crashing Fast
This article first appeared on GuruFocus. Foreign investors who once flooded China’s property market with nearly $140 billion…
How Hong Kong is building an ecosystem to solidify its role as offshore yuan hub
When Hong Kong businessman Sunny Yip Yuk-chik heard about a new scheme that would make it easier and…
Hong Kong property deals surge anew in September on rate cut, buoyant stocks
Deals covering new and lived-in homes, office spaces, shops, car parking slots as well as industrial units were…