Asiamoney at 30: Educate, inform, entertain
What is the purpose of financial journalism? What can Asiamoney offer to our readers that they don’t get elsewhere? What has changed about this magazine since it was first published three decades ago? These questions can often take a back...
Uruguay’s longer-term potential undimmed
One notable observation from Euromoney’s country risk data is how few countries have seen improved scores since the global financial crisis. Just 49 of the 186 countries in the survey have scores higher than in 2007, with a dozen only...
The Philippines taps samurai market
The Republic of the Philippines took advantage of Japanese investors’ hunger for yield when it returned to the samurai market in early August, allowing the sovereign to snag a tightly priced, four-tranche ¥92 billion ($863.4 million) bond. The transaction was...
Securities regulation: No more bad research in China
By Rebecca Feng China’s SAC plans to give securities firms a reputation management score The Securities Association of China (SAC) said in August that it would assign a reputation management score to securities firms based on two criteria: the ability...
PrimaryBid raises funds to expand across European equity capital raising
Equity capital markets (ECM) volume in EMEA for the first half of 2019 was down 33% on the first six months of last year, according to Dealogic, but there was some reason for optimism, notably a strong run of IPOs...
Deutsche’s Von Moltke on how he learned to stop worrying and love the cuts
Life for Deutsche Bank CFO James von Moltke at the moment means having to spend a lot of time defending his bank’s latest restructuring plans. After firing off a long letter in August to refute assertions made in an opinion...
PBoC: China’s rate reform is no reform at all
By Rebecca Feng The PBoC’s lending rate reform needs to go further, say bankers The People’s Bank of China (PBoC) has reformed the loan prime rate (LPR), turning what was previously a sideshow in the domestic monetary system into the main...
India scraps tax increase to lift equities
By Rashmi Kumar When India’s finance minister Nirmala Sitharaman made her maiden budget speech in early July, she announced a plan to increase the tax on investments held by high net-worth individuals, foreign portfolio investors and alternative investment funds. Tax...
Payments: PSD2 authentication delay means pain but long-term gain
The Central Bank of Ireland and the UK’s Financial Conduct Authority (FCA) have delayed the implementation of strong customer authentication (SCA) over concerns that banks, payment service providers and merchants were unprepared for the change. The original deadline for implementing...
Dutch risk: Fiscal redux but no need to fret
Tariff wars are said to be driving the winds of change in the Netherlands The Netherlands has, unlike Germany, displayed remarkable strength, a peculiar aspect given the current global slowdown. According to Eurostat, real GDP grew by 0.5% in each...