Banking
CHINA INSURES BANK DEPOSITS
China | Milestones<br />
The Chinese government has followed the US and Western European model by providing deposit insurance for private savers in the Chinese banking system.
Asia Pacific
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Economics, Policy & Regulation
INDIA: FINANCE MINISTER JAITLEY IS MODI’S EYES AND EARS
<strong>India | Newsmakers</strong><br />
Arun Jaitley, a corporate lawyer by training, has emerged as the rising star of the ruling Bharatiya Janata Party and chief troubleshooter in the new government, headed by prime minister Narendra Modi.
Capital Raising & Corporate Finance
SOUTH KOREA: A TIGHTROPE WALK WITH TRADING PARTNERS
<strong>South Korea | Country Report</strong><br />
One of Asia’s most powerful economies, South Korea is maneuvering deftly between even more powerful neighbors and allies.
Award Ceremonies and Events
STARS OF CHINA AWARDS CEREMONY 2014
<strong>Global Finance</strong> held its annual Stars of China awards ceremony in Beijing in November. Corporate and financial leaders from around the country were present to accept their awards and honor other recipients.
Economics, Policy & Regulation
TAIWAN: A TURNING POLITICAL TIDE
<strong>Taiwan | Milestones</strong><br />
Taiwan’s president Ma Ying-jeou and his Kuomintang party lost control of important political positions in late November, when Taiwanese voters chose opposition party and independent candidates in local elections across the island.
Capital Raising & Corporate Finance
CHINA EASES INVESTMENT RESTRICTIONS
<strong>China | Milestones</strong><br />
China will allow foreign firms to increase their ownership stakes in encouraged sectors and enter into previously protected industries, according to investment guidelines drafted by the National Development and Reform Commission.
Economics, Policy & Regulation
IMPROVING ASIAN PRODUCTIVITY
<strong>Asia-Pacific | Emerging Markets Regional Review</strong><br />
Structural changes in emerging Asia’s manufacturing-for-export markets are erasing the low-cost advantage.
Economics, Policy & Regulation
LANDMARK ENVIRONMENTAL PACT YET TO BE TESTED BY CONGRESS
<strong>US & China | Milestones</strong><br />
“This is a major milestone in the US-China relationship, and it shows what’s possible when we work together on an urgent global challenge.”
Capital Raising & Corporate Finance
MASALA BOND PROMOTES INTERNATIONALIZATION OF THE RUPEE
<strong>India | Capital Markets</strong><br />
The rupee realizes international ambitions. The International Finance Corporation (IFC) sold its first rupee-denominated bonds in London in November to attract international investment in India’s infrastructure.
Capital Raising & Corporate Finance
PAKISTAN: CHANGE NEEDED TO ATTRACT FOREIGN INVESTMENT
<strong>Pakistan | Frontier Markets Focus</strong><br />
Pakistan’s ability to attract both foreign direct and domestic investment fell dramatically during the past decade. Some of the reasons why still apply.
Capital Raising & Corporate Finance
RENMINBI CONVERSION CAP LIFTED IN HONG KONG
<strong>China | Capital Markets</strong><br />
In a major step toward opening China’s capital account, Hong Kong and Shanghai have linked their equity markets and abolished the cap on how much Chinese currency Hong Kong residents may purchase (or sell) daily.
Banking
RENMINBI TRADING: FIRST HUB SET FOR RENMINBI IN NORTH AMERICA
<strong>Canada & China | Capital Markets</strong><br />
Canada and China have agreed to support the increased use of renminbi in trade, commerce and investment between the two countries.