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Business - Economy - CHINA
China to ease forex rules to boost foreign investment
Posted Nov 21st 2012, 04:26pm by Reuters in Beijing
... by an uncertain outlook for corporate spending as global trade sags. The State Administration of Foreign Exchange (SAFE) said in a statement on its website that it would simplify procedures for foreign ...
http://www.scmp.com/business/economy/article/1087572/china-ease-forex-rules-boost-foreign-investment -
Business - Money
Yen hits 47-month low vs dollar, focus on 100 threshold
Posted Apr 09th 2013, 11:41am
... Business Money Markets & Investing Japanese Yen Foreign Exchange Reuters in Singapore and Sydney The yen pushed deeper into multi-year lows versus the dollar and euro on Tuesday as the market saw every reason to sell the currency with the Japanese central bank on a warpath to battle deflation. The dollar rose to as high as 99.67 yen on trading platform EBS, the greenback’s ...
http://www.scmp.com/business/money/markets-investing/article/1210608/yen-hits-47-month-low-vs-dollar-focus-100-threshold -
Business - Economy
Japan cast as villain in global currency war drama
Posted Feb 14th 2013, 02:11pm by AFP
... hurt financial stability. “We... reaffirm our longstanding commitment to market-determined exchange rates and to consult closely in regard to actions in foreign exchange markets,” said a brief ...
http://www.scmp.com/business/economy/article/1150070/japan-cast-villain-global-currency-war-drama -
Comment - Insight & Opinion
Voluntary phasing out of incandescent light bulbs insufficient
Posted Apr 05th 2013, 12:00am by CIVIC EXCHANGE
... than placing the onus of energy reduction solely on light bulb manufacturers and Hong Kong's residents. Amber Marie Beard is senior project manager at Civic Exchange ...
http://www.scmp.com/comment/insight-opinion/article/1207067/voluntary-phasing-out-incandescent-light-bulbs-insufficient -
Business - Money - FOREIGN EXCHANGE
Yuan climbs toward 19-year high on improving economic outlook
Posted Nov 26th 2012, 11:09am by Bloomberg
... am in Shanghai, according to the China Foreign Exchange Trade System. It touched 6.2252 on November 14, the strongest level since China unified official and market exchange rates at the end ...
http://www.scmp.com/business/money/markets-investing/article/1091024/yuan-climbs-toward-19-year-high-improving-economic -
Business - Banking & Finance - CURRENCY
Slowing down the yuan
Posted May 17th 2013, 12:00am by BLOOM
... to investigate possible fraud relating to export data and to require banks to boost their holdings of foreign exchange. In a sign that traders see less value in the yuan, cross-currency swaps show ...
http://www.scmp.com/business/banking-finance/article/1239264/slowing-down-yuan -
Business - Economy - ECONOMY
China records sharp rise in capital outflows
Posted Sep 19th 2012, 12:00am by Victoria Ruan
... and commercial banks sold a net 17.4 billion yuan (HK$21.3 billion) in foreign exchange last month, compared with net sales of 3.82 billion yuan in July. However, economists say the trend may reverse ...
http://www.scmp.com/business/economy/article/1040136/china-records-sharp-rise-capital-outflows -
Business - Money - INVESTMENT
No firm outlook for Safe forex funding scheme
Posted Jan 16th 2013, 12:00am by JANE CAI
... Business Money Markets & Investing State Administration of Foreign Exchange Safe Jane Cai in Beijing xuejun.cai@scmp.com Regulator plans to deploy foreign exchange reserves to finance companies' offshore push With no details to go on, economists say it's tough to predict the impact of a special office set up by the country's foreign exchange regulator to help fund ...
http://www.scmp.com/business/money/markets-investing/article/1129002/no-firm-outlook-safe-forex-funding-scheme -
French bank chief targets London’s euro status
Posted Dec 03rd 2012, 09:37am by AFP
... Euro London Foreign Exchange Market Agence France-Presse in London Britain should relinquish its status as the euro’s financial hub in order to give eurozone members more control over the single currency, France’s central bank governor has said. In an interview published in Monday’s Financial Times, Christian Noyer of the Banque de France claimed there was “no rationale” ...
http://www.scmp.com/article/1096311/french-bank-chief-targets-londons-euro-status -
Yuan is not just a one-way bet, regulator says
Posted Oct 13th 2010, 12:00am by Staff Reporter
... Currency Foreign Exchange Market Jane Cai in Beijing Market players should get used to two-way movements of the yuan exchange rate, the mainland's foreign exchange regulator said yesterday in the latest effort to talk down appreciation ...
http://beta.scmp.com/article/727364/yuan-not-just-one-way-bet-regulator-says
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