Chinese Renminbi

Type: Keyphrase
Name: Chinese Renminbi
First reported Sep 19 2014 - Updated Sep 19 2014 - 1 reports

Reshoring: New Day, False Dawn, or Something Else?

We’ve been hearing a lot lately about the return of industry from foreign shores to the U.S.—a practice commonly known as reshoring—and how these repatriated companies are driving a manufacturing renaissance in America. It’s an enticing idea that resonates ... [Published Industry Week - Sep 19 2014]
First reported Sep 19 2014 - Updated Sep 19 2014 - 1 reports

Two held with RM25,000 worth of drugs

Kota Kinabalu: KOTA KINABALU: Two local Chinese men were apprehended in two separate raids conducted by police for possessing drugs with a street value of RM25,000.City Police Chief ACP M. Chandra said the first suspect was nabbed in an open space at ... [Published Sabah Daily Express - Sep 19 2014]
First reported Sep 19 2014 - Updated Sep 19 2014 - 2 reports

Singapore Exchange says co adding new Asian foreign exchange futures contracts on Renminbi, Yen ...

A + A - Reset (Sept 19): Singapore Exchange Ltd: *Says sgx boosts yuan aspirations with new fx contracts * Says welcomes bank of China as first Chinese settlement bank * Says new Asian fx contracts will be available for trading from 20 October,2014 * ... [Published Malaysia Edge - Sep 19 2014]
First reported Sep 19 2014 - Updated Sep 19 2014 - 1 reports

SG Stocks In Focus (Singapore Exchange, Xinren Aluminum, Keppel Land) – 19/09/14

Singapore Exchange intends to add new foreign exchange (FX) futures contracts on Chinese Yuan, Japanese Yen and Thai Baht into its current suite of FX offerings. The move is in line with Group 20’s (G20) recommendation to encourage the trading of derivatives ... [Published Shares Investment - Sep 19 2014]
First reported Sep 18 2014 - Updated Sep 18 2014 - 1 reports

Use of new currencies not compulsory

RESERVE Bank of Zimbabwe (RBZ) governor John Mangudya has said monetary authorities will not compel banks, individuals or companies to accept currencies legalised to trade in the economy last year. He said their use or acceptance in the market would be ... [Published Financial Gazette - Sep 18 2014]
First reported Sep 18 2014 - Updated Sep 18 2014 - 1 reports

DERBY'S COUNTY: Dry spell will take its toll

Picture: THINKSTOCKTHE dollar renaissance has rather sober lessons for emerging markets over the next few years. And these are uncomfortable lessons, raising questions about which countries have managed to transition from being mere commodity exporters ... [Published Financial Mail - Sep 18 2014]
First reported Sep 17 2014 - Updated Sep 18 2014 - 1 reports

Cagamas’ int’l bond debut gets overwhelming response

Cagamas Bhd, through its wholly-owned subsidiary, Cagamas Global PLC, today made its debut in the international bond market by successfully printing the first and largest Chinese renminbi (RMB) bond by a Malaysian issuer with a three-year 1.5 billion ... [Published KiniBiz - Sep 17 2014]
First reported Sep 15 2014 - Updated Sep 16 2014 - 1 reports

PowerShares Chinese Yuan Dim Sum Bond Portfolio Breaks Below 200-Day Moving Average - Notable for DSUM

In trading on Monday, shares of the PowerShares Chinese Yuan Dim Sum Bond Portfolio ETF (DSUM) crossed below their 200 day moving average of $24.96, changing hands as low as $24.93 per share. PowerShares Chinese Yuan Dim Sum Bond Portfolio shares are ... [Published Chicago Daily Herald - Sep 15 2014]
First reported Sep 16 2014 - Updated Sep 16 2014 - 4 reports

Auckland man convicted for taking $136k out of NZ

An Auckland man had the equivalent of NZ$136,452 in Chinese Yuan seized by Customs when he tried to take the ... [Published Truth - Sep 16 2014]
First reported Sep 16 2014 - Updated Sep 16 2014 - 1 reports

Chinese Yuan Slides To 3-week Low Against US Dollar

BEIJING (Alliance News) - The Chinese yuan weakened against the US dollar in the Asian session on Tuesday after data showed that Foreign direct investment in China declined notably in August. Data from the Ministry of Commerce showed that the investment ... [Published Crawford Financial Planning - Sep 16 2014]
First reported Sep 15 2014 - Updated Sep 15 2014 - 1 reports

Pearl River - another good quarter

TSX Venture ExchangeSymbol "PRH"LONDON, ON, Sept. 15, 2014 /CNW/ - Mr. George Lunick CEO of Pearl River Holdings LtdThe company changed the reporting currency on the financial statements to the Chinese Renminbi ("RMB") in the year 2013."The reporting ... [Published BusinessWeek - Sep 15 2014]
First reported Sep 15 2014 - Updated Sep 15 2014 - 2 reports

Britain gives Chinese renminbi a big endorsement

The move breaks new ground in dual fashion because the Treasury will abandon another previous taboo by adding the bond proceeds to the U.K. reserves managed by the Bank of England -- giving significant endorsement to the renminbi's hitherto informal ... [Published Morningstar.com - Sep 15 2014]

Quotes

"The police also confiscated a MyVi car, three gold rings, a silver watch and RM2,580 in cash from the premises" he said. Police have not ruled out the possibility that the two cases are related and that the men are part of a drug ring
"HKCG reported a healthy operating result in 1H2014, mainly driven by its growing utilities business in China" says Ivy Poon, a Moody's Analyst
"The partnership is also an important step forward in BOC's strategy to facilitate the internationalisation of RMB. As SGX's first Chinese settlement bank and pioneer market maker for SGX RMB Futures, BOC is well placed to demonstrate our leading expertise in the RMB business and our commitment to providing quality financial services to both local and global customers" said Madam Guo Ning Ning, General Manager, Bank of China, Singapore Branch
...of the big EU countries, Japan, Canada and other developed nations, you find that interest rates are all lower than in the US But as Gave asks, "Why own 10-year bonds yielding 1%, or Japanese government bonds yielding 0.5% in falling currencies, when you can own 10-year US Treasuries denominated in a rising Dollar yielding 2.5%?"

More Content

All (229) | News (145) | Reports (0) | Blogs (83) | Audio/Video (0) | Fact Sheets (0) | Press Releases (1)
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Akinyooye: A stronger Naira? What for? [Published The Guardian Nigeria - 8 hours ago]
Asia Happy To Buy All Our Gold Under The Radar [Published Seeking Alpha - Sep 19 2014]
Reshoring: New Day, False Dawn, or Something Else? [Published Industry Week - Sep 19 2014]
Two held with RM25,000 worth of drugs [Published Sabah Daily Express - Sep 19 2014]
Hong Kong And China Gas: Gas Utility With China... [Published Seeking Alpha - Sep 19 2014]
Hedge Funds Underperform in August [Published HedgeCo - Sep 19 2014]
Singapore Exchange says co adding new Asian for... [Published Malaysia Edge - Sep 19 2014]
BRIEF-Singapore Exchange says co adding new Asi... [Published Yahoo! Malaysia - Sep 19 2014]
SG Stocks In Focus (Singapore Exchange, Xinren ... [Published Shares Investment - Sep 19 2014]
SGX unveils three new Asian forex futures contr... [Published Singapore Business Review - Sep 19 2014]
SGX Boosts Yuan Aspirations with New FX Contrac... [Published Noodls - Sep 19 2014]
US Dollar Index Still Rising [Published BullionVault.com - Sep 18 2014]
Renminbi will recover: AllianceBernstein [Published InvestorDaily - Sep 18 2014]
PowerShares Expands ETF offerings on Schwab ETF... [Published A.M. Best - Sep 18 2014]
How sanctions are hastening the "World without ... [Published Financial Daily - Sep 18 2014]
Use of new currencies not compulsory [Published Financial Gazette - Sep 18 2014]
1st Ld-Writethru-China Focus: China opens gold ... [Published Individual.com - Sep 18 2014]
DERBY'S COUNTY: Dry spell will take its toll [Published Financial Mail - Sep 18 2014]
What could Scottish independence mean for the G... [Published European CEO - Sep 17 2014]
Cagamas Gets Overwhelming Response In Internati... [Published Bernama - Sep 17 2014]
Cagamas’ int’l bond debut gets overwhelming res... [Published KiniBiz - Sep 17 2014]
ForexClear Expands Range Of Cleared Currencies ... [Published Mondo Visione - Sep 17 2014]
Global Market Ltd : Interim Results [Published Investegate - Sep 17 2014]
Russia's shipbuilding capability [Published Turkish Maritime - Sep 16 2014]
Sri Lanka Central Bank enters into a 3-year US$... [Published Colombo Page - Sep 16 2014]
Russia Turns to Domestic Shipbuilding [Published World Maritime News - Sep 16 2014]
​’i’ For Injustice: Apple, Tech Industry Practi... [Published Emory Wheel - Sep 16 2014]
The End of Quantitative Easing is in Sight, Mar... [Published MetalMiner - Sep 16 2014]
Auckland man convicted for taking $136k out of NZ [Published Truth - Sep 16 2014]
Chinese Yuan Slides To 3-week Low Against US Do... [Published Crawford Financial Planning - Sep 16 2014]
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Blogs

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Auckland man convicted for bags of cash [Published Scoop NZ - Regional - Sep 16 2014]
A 59-year-old Auckland man was convicted, fined $800, and ordered to pay court costs in the Auckland District Court today for attempting to take Chinese Yuan (CNY) 700,000 (NZ$136,452) cash out of the country without declaring it. Customs also seized ...
China Daily: "Western Sanctions Will Make Mosco... [Published Zero Hedge - Sep 12 2014]
Op-Ed posted in China Daily West's Antics Pushing Russia closer to China The recent NATO summit in Wales, held against the background of the armed conflict in Ukraine, has brought back the Cold War atmosphere to Europe. NATO's partnership ...
And The Next Country To Join The Renminbi Fan C... [Published Zero Hedge - Aug 06 2014]
Submitted by Simon Black via Sovereign Man blog , When you think about “strong banking”, what country comes first to mind? A few years ago, the most obvious answer would be Switzerland. Today, however, Switzerland’s reputation for banking ...
Chinese Yuan Surges & Stocks Jump To 2014 Highs... [Published Zero Hedge - Aug 01 2014]
Quietly, and without the drama associated with The Fed and ECB, China unveiled what looks like QE recently (as we discussed in detail here) . Whether this is a stealth creation of a 'fannie-mae' structure to support housing or merely another channel ...
IMF Warns Pound Overvalued; What About Other Cu... [Published Mish's Global Economic Trend Analysis - Jul 28 2014]
Is the pound overvalued? What about the Euro? The US Dollar? The Yen? Curiously, economists make that case for all of those currencies. And today, the IMF is pounding the drums with this proclamation "Overvalued" Pound Prevents Rebalancing . The International ...
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Press Releases

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China CFOs Less Optimistic on 2014 Performance ... [Published Bank of America Press Release - May 08 2014]
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