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KUALA LUMPUR: Malaysia’s ringgit is set to rebound from a 19-year low as official measures to boost demand for the currency kick in, according to a top banker and member of the central bank’s financial markets committee.
The chief of one of Asia's most prominent financial trade bodies said new cyber security rules in China could make it harder for foreign companies operating in the country to manage risk as cyber threats become increasingly cross-border.
HONG KONG: Chinese President Xi Jinping said in a speech last week that the country was “steadily widening the opening up” of its financial industry.
HONG KONG: A month after China opened up its equity markets in a landmark trading link with Hong Kong, demand has been subdued and the bulk of activity has come from short-term speculative investors.
NEW YORK: A few months ago, a group of Wall Street banks fashioned a risk-manager's worst nightmare to determine how they would survive. Luckily, it was all pretend.