• Friday
  • July 11, 2014
  • Last updated: 4:26am
Hong Kong




Refine Your Search

Sort by

Related Keywords

Search Results

Results 1 - 10 of 45 for alex lo singapore

Related topics matching your search

Search results

  1. Business - Banking & Finance - CURRENCIES

    Delayed payments system stalls yuan’s global ambitions

    Posted Jul 09th 2014, 11:18am by Reuters

    ... say it is unlikely to be ready before 2016. The slippage might be good news for China's big clearing banks, such as Bank of China, and offshore yuan centres such as London or Singapore ...

  2. Business - Banking & Finance - CURRENCIES

    Yuan surges up currency rankings

    Posted Jun 28th 2014, 01:09am by Jeanny Yu

    ... financial centres such as London, Singapore and Frankfurt establish the necessary infrastructure and agreements to support [yuan] transactions, we will see the [yuan] grow significantly ... not use the euro, the ratio rose to 38 per cent from 25 per cent. Over the past year, yuan usage has expanded sharply in London, Singapore, Luxembourg, Paris and Frankfurt. Beijing has allowed ...

  3. Business - Banking & Finance - CURRENCIES

    Big challenges ahead for yuan to go global

    Posted Jun 30th 2014, 01:40am by Enoch Yiu

    ... the likes of Singapore, London and Frankfurt, which have been steadily developing their yuan trade business over the past two years. Wong said that while Hong Kong's share of trade settlement ... will inevitably move to places like Singapore, London and North America. However, the cultural and physical access to the world's most dynamic major economy that Hong Kong is having gives the city ...

  4. Business - Banking & Finance - CURRENCIES

    Yuan to trade directly with UK pound

    Posted Jun 19th 2014, 12:55am by Jeanny Yu

    ... billion yuan (HK$18.86 billion) of deposits, lagging far behind its major competitors such as Hong Kong and Singapore, or even Luxembourg. Robert Minikin, senior foreign exchange strategist ...

  5. Business - Banking & Finance - CURRENCIES

    PBOC keeps yuan traders guessing as currency rallies

    Posted Jun 11th 2014, 01:15am by BLOOM

    ... a "fairly clear shift" in the PBOC's bias toward capping the weakness of the yuan, Singapore-based currency strategist Jonathan Cavenagh, wrote in a note. Cavenagh said he ...

  6. Business - Banking & Finance - CURRENCIES

    Hong Kong's yuan interest rates rise towards Shanghai levels

    Posted Jun 07th 2014, 01:13am by BLOOM

    ... research at ING in Singapore. "The authorities want increased convertibility as part of their economic reforms. Ultimately it will mean the end of the CNH market," he said, referring ...

  7. Business - Banking & Finance - CURRENCIES

    Singapore snapping at Hong Kong's yuan heels

    Posted Mar 24th 2014, 04:45am by Jeanny Yu

    ... Jeanny Yu jeanny.yu@scmp.com Business in the mainland currency is booming in Singapore, which aims to handle an amount equivalent to a third cleared in Hong Kong Singapore snapping at HK's yuan heels Singapore may well be a latecomer to yuan business, but the city state is wasting no time in its catch-up efforts, with its yuan clearing volume expected to reach a third ...

  8. Business - Banking & Finance - CURRENCIES

    Bank of China plans to launch yuan bonds in Luxembourg

    Posted May 08th 2014, 11:18am by Jeanny Yu

    ... to issue an offshore yuan bond. In January, BOC issued 2.5 billion yuan worth of bonds in London, and in February it issued three billion yuan of "Lion City" bonds in Singapore ...

  9. Business - Banking & Finance - CURRENCIES

    Hong Kong urged to expand its advantage in yuan trade

    Posted Apr 12th 2014, 12:59am by Ray Chan, Jeanny Yu

    ... has since 2012 allowed other financial centres such as London, Singapore and Sydney to enter the offshore yuan business. London and Paris were each granted eight billion yuan (HK$10 billion) of offshore yuan quota to buy mainland stocks or bonds. Singapore obtained 50 billion yuan of similar quota last year. Renminbi deposits and outstanding RMB certificates of deposits totalled more than ...

  10. Business - Banking & Finance - CURRENCIES

    Surge in yuan holdings by banks prompts concern in Seoul

    Posted Mar 20th 2014, 01:35am by Reuters

    ... billion worth of such deposits in Hong Kong at the end of January or the US$32 billion held in Singapore at the end of last year. Nevertheless, if deposits kept growing at the current pace- ...




SCMP.com Account