Investors take a shine to Chinese bonds
There is still much room for foreign investors to increase their position in renminbi bonds as economic growth steadily recovers, sources state.
Finance
Banking giants to inject 95 trillion won to ease liquidity strain
10 trillion won is set aside to manage liquidity at these South Korean groups’ affiliates, including brokerages, insurance, and card companies.
Corporate bank loans surge amid liquidity concerns
Despite being battered by rising borrowing costs intended to corral inflation, companies are expected to seek out more bank loans.
China central bank governor stresses privacy protection for e-CNY
"Anonymity and transparency are not black and white”, he warned, highlighting privacy protection as a major issue for applications.
Global use of RMB growing steadily
The latest data showed that the renminbi is now next to the US dollar, euro, Japanese yen and pound sterling in terms of foreign exchange trades.
Crypto trading will go on, say retail investors as S’pore proposes tighter rules
The regulations released by the Monetary Authority of Singapore include having investors take a test to assess their understanding of the risks in trading crypto.
China eyes more FDI in manufacturing, tech industries
According to the Ministry of Commerce, foreign direct investment in the Chinese mainland grew 16.4 per cent year-on-year to 892.7 billion yuan in the first eight months of this…
Indonesia’s FDI growth highest in decades, but outlook ‘bleak’
2023 has been called a “political” year as parties prepare for the 2024 general elections, which may prompt businesses and investors to hunker down with a wait-and-see stance.
US tech curbs on China will affect S’pore’s semiconductor sector: MTI
Singapore supplies 11 per cent of the world’s semiconductors and 20 percent of chip-making equipment.
Expanded use of RMB to contribute to stabilising global financial market
The RMB accounted for 2.44 percent of global payments in September, up from 2.31 percent a month earlier, according to the report.