The Global Financial Centres Index 28 shows London lags New York as the world's biggest financial center by only four ratings. ( read original story ...)
China Market Update: A Week To Forget, Evergrande Debt Issue Weighs On Property Stocks, Week In Review
Powell made it clear that the ball is now in Congress’ court with regard to stimulating the US economy in a Wednesday press conference. ( read original story ...)
Chinese fintech Ant sidelines banks in distribution of funds targeting its IPO
As five Chinese mutual funds targeting Ant Group's hotly-anticipated IPO kicked off subscriptions on Friday, retail investors found the only non-direct channel through which to buy the products was ... ( read original story ...)
China’s piggy bank, the National Social Security Fund, set to be among Ant Group’s top IPO investors
China is keen for its pension funds to make savvy investments to help shoulder the burden of providing for its rapidly ageing population in their retirement years. ( read original story ...)
London has almost caught up with New York as the world’s number 1 financial centre, survey finds
The Global Financial Centres Index 28 shows London lags New York as the world's biggest financial center by only four ratings. ( read original story ...)
Ant Group Launches “Trusple,” an AntChain-Powered Global Trade and Financial Services Platform for SMEs and Financial Institutions
Further, successful transactions on Trusple enable SMEs to build their creditworthiness on AntChain, making it easier for them to obtain financing services from financial institutions. “Trusple was ... ( read original story ...)
COVID-19 helps Seoul rise in global financial center ranking
Seoul's ranking as a financial center jumped to 25th out of 110 cities, from the previous 33rd out of 108 centers according to the London-based think tank Z/Yen's latest publication, Friday. Z/Yen ... ( read original story ...)