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Results 51 - 60 of 1054 for renminbi

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  1. Business - Banking & Finance - CURRENCIES

    Yuan to start direct trading with euro today

    Posted Sep 30th 2014, 04:32am by Bloomberg

    ... quotas under the renminbi qualified foreign institutional investor programme to invest the currency raised offshore in the mainland's domestic capital markets. "Given the appointments of renminbi clearing banks in Frankfurt and Paris, [the] announcement is largely expected," Australia & New Zealand Banking Group economists led by Liu Ligang wrote in a research note ...

    http://www.scmp.com/business/money/markets-investing/article/1604235/yuan-start-direct-trading-euro-today
  2. Renminbi takes a major step towards acceptance

    Posted Feb 24th 2012, 12:00am

    ... Keith Chan The launch of Renminbi Qualified Foreign Institutional Investors (RQFII) funds in Hong Kong last month is seen as a major step towards transforming renminbi into an internationally accepted currency. It is expected to accelerate the pace of developing Hong Kong into the world's premier offshore renminbi centre. RQFII is one of a package of central government ...

    http://www.scmp.com/article/993512/renminbi-takes-major-step-towards-acceptance
  3. Renminbi bond interest shows threefold increase

    Posted Oct 02nd 2011, 12:00am

    ... Bo Leung Interest in renminbi bonds has soared as investors see an appreciation of the currency in the future. According to private bank UBS, the renminbi denominated asset represents about 2 per cent of their clients total assets, and the bank also expects this figure to reach 5 to 10 per cent. 'I believe one of the attractions of renminbi products is the expectation ...

    http://www.scmp.com/article/980715/renminbi-bond-interest-shows-threefold-increase
  4. Desire for stability at heart of renminbi's foundation

    Posted Oct 20th 2011, 12:00am

    ... Ed Zhang ed.zhang@scmp.com The history of how the renminbi came to be China's official currency is a telling example of why the leaders in Beijing, even today, strive so hard ... was known in Putonghua as 'renminbi'. From the first day it was issued, the goal of the currency, as defined by the bank, was to ensure stability. But that stability didn't come ...

    http://www.scmp.com/article/982403/desire-stability-heart-renminbis-foundation
  5. Yuan currency, two systems. Time to ditch 'foreign renminbi'

    Posted Mar 26th 2011, 12:00am by Shirley Yam

    ... with Shirley Yam Does China consider the renminbi traded in Hong Kong and overseas a domestic currency or a foreign one? I ask this question- academic, if not incomprehensible, to some- ... of power, naming a thing is always important because it will determine who has a say on it and who cares about it. Ever since the launch of the internationalisation campaign in 2009, renminbi ...

    http://www.scmp.com/article/742099/yuan-currency-two-systems-time-ditch-foreign-renminbi
  6. Business - Banking & Finance - CURRENCIES

    Yuan decades away from being global reserve currency

    Posted Apr 11th 2014, 10:18am by Victoria Ruan

    ... Victoria Ruan in Beijing victoria.ruan@scmp.com Yuan remains decades away from global status Despite the significant progress Beijing has made in broadening global use of the yuan, observers say the mainland currency has more often been chased by speculat ...

    http://www.scmp.com/business/money/article/1475607/yuan-decades-away-being-global-reserve-currency
  7. Comment - Insight & Opinion

    Offshore yuan market gets into its stride

    Posted Aug 20th 2012, 12:00am by Donna Kwok

    ... The offshore renminbi market in Hong Kong has just turned two years old and the currency has made extraordinary strides. Since it took its first toddler steps in July 2010, the daily turnover in the offshore renminbi foreign exchange market has risen from essentially nothing to US$4billion, and one-tenth of China's trade is now settled in its home currency, up from 2per cent two years ...

    http://www.scmp.com/comment/insight-opinion/article/1018577/offshore-yuan-market-gets-its-stride
  8. Business - Banking & Finance - DEBTS

    Invesco applies for China bond trade licence

    Posted Sep 18th 2014, 05:57am by Bloomberg

    ... (HK$4.78 trillion), more than all the notes sold in 2013. Invesco had applied for a renminbi qualified foreign institutional investor licence to operate in the Chinese sovereign debt market ... Kong. "In a lot of ways, the onshore market is superior." The variety of bonds available onshore was another reason for money managers to seek a renminbi qualified foreign ...

    http://www.scmp.com/business/banking-finance/article/1594767/invesco-applies-china-bond-trade-licence
  9. Delegates to call for renminbi to be made legal tender in HK

    Posted Mar 10th 2009, 12:00am by Staff Reporter

    ... Fanny W. Y. Fung in Beijing Forty 40 members of the Chinese People's Political Consultative Conference are issuing a joint call to make renminbi legal tender in Hong Kong. The delegates said the use of renminbi would allow flexibility in transactions, especially when the US dollar-linked Hong Kong dollar was under pressure from market fluctuations. In a document ...

    http://www.scmp.com/article/672725/delegates-call-renminbi-be-made-legal-tender-hk
  10. Business - Comment - LAI SEE

    CLSA's Chris Woods assesses death and markets

    Posted Sep 16th 2014, 03:23am by Howard Winn

    ... to have been driven more by the carry trade than by foreign direct investment. That is, Hong Kong dollar funds are being swapped into renminbi and invested in high yielding renminbi wealth management products on the mainland. This is because they both have large offshore renminbi markets. Another factor which suggested the existence of a carry trade was that trade finance loans in Hong ...

    http://www.scmp.com/business/article/1593374/clsas-chris-woods-assesses-death-and-markets

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