Even before the proposed tariffs threatened by America on imports heightened fears of a trade war, life was getting more difficult for companies that want to conduct business in China.
Non-life insurance-linked securities (ILS) capital hit a new record in 2016 as the market expanded into new products and its investor base grew.
The august weekly magazine The Economist, itself in business since 1843, held a conference in London this week to consider whether - and how – long-established stalwarts of the banking industry can survive the financial technology revolution.
The finance company, spun out of Chinese e-commerce giant Alibaba in 2010, said the deal would provide greater access, security and simplicity for people around the world to remit funds.
Investors aged between 18 and 34 are four times more likely than those aged 55-plus to put money into the peer-to-peer asset class, suggests a UK survey.
The new US president’s announcement that he will follow through with his campaign promise will impact both the currency and the money transfer market.
Higher interest rates, a strengthening dollar and changes in the US tax regime as well as strong odds on a commodity price revival should all be factored in
The AIIB, which has lent US$1.7bn to support Asian infrastructure projects since its launch, says it is unconcerned by president Trump’s protectionist stance and expects 25 more countries to join.
As worldwide use of Chinese renminbi (RMB) goes from strength to strength, this article looks back on an important year in the currency’s growth. Building on the results of a survey of corporate customers, the authors outline the advantages the RMB can offer.
Offshoring was meant to signal a golden era of cost-saving and favourable market conditions. However, banks and other financial services are turning their backs on this business model and instead reviewing options closer to home such as nearshoring and rightshoring.