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.
The new US president has lined up early meetings with the leaders of Canada and Mexico to renegotiate the 1994 agreement with its two neighbouring countries.
Global infrastructure projects attracted a record US$413bn of investment in 2016, driven higher by aggregate transaction value of $131bn in Asia.
Will last June’s vote undermine London’s status as a tech and fintech hub? Early evidence suggests that the capital may not only survive, but thrive.
The figure compares with 6.9% a year earlier and is the lowest since 1990, although in line with the official growth target.
Fragmentation and the shift from monetary to fiscal stimulus are among the themes that must be understood for investment success, says Mercer.
The London listing, described as a “vote of confidence” in the UK financial centre post-Brexit, replaces the bank’s old listing on the Athens Stock Exchange.
The volatility of the past year is “merely a foretaste of things to come”, warns risk consultancy Verisk Maplecroft in its 2017 Outlook.
UK prime minister Theresa May has confirmed that the UK is ready to leave Europe’s single market.