Australian Government Debt Rating to Impact Banks

28/04/2015

Australia’s Financial System Inquiry has urged local banks to boost their capital position amid risk that the federal government could lose its triple-A credit rating.

Hong Kong’s HKMA Likely to Face Tough Challenge in HSBC’s Planned Move

28/04/2015

Hong Kong’s de facto central bank may have to scale up its regulatory operations should British banking firm HSBC decide to relocate its headquarters in the city.

India’s New Loan Provisioning to Increase Lending Costs

26/04/2015

Indian banks’ lending-related costs could rise by 20% following a recent rule that require banks to make bigger provisions for restructured debt.

China Regulator Increases Pace of IPO Approvals, Denies Tax Rumours

24/04/2015

The China Securities Regulatory Commission (CSRC) said it will review and approve two batches of initial share sale listing applications each month, up from one previously, increasing the pace of new listing in the country.

Taiwan to Open Cross-Border Stock Link with Singapore in July

22/04/2015

To draw more investors into its equity markets, Taiwan will open a cross-border stock trading platform with Singapore on July 1.

Facilitating Securities-based Crowdfunding in Singapore

22/04/2015

The MAS securities-based crowdfunding consultation paper is timely, given the growing interest in recent years.

China to Reform IPO Process, May Allow Foreign Listing

22/04/2015

China is moving to overhaul its initial public offering (IPO) approval process and open its markets to share issuance by foreign companies.

China to Inject $62 Billion into Policy Banks to Back Silk Road Project

22/04/2015

China’s ambitious “New Silk Road” plan that will build infrastructure links to foreign markets has moved a step closer to reality as Beijing will draw from its foreign exchange reserves to inject $62 billion of capital into policy banks to fund the project.

IMF Deliberation on RMB’s Reserve Currency Status Ongoing, Says Official

20/04/2015

The International Monetary Fund (IMF) is making a full evaluation of the international uses of the renminbi and its share in global investment and trade as part of the agency’s ongoing special drawing right (SDR) review, said an IMF official.