Unionpay launches RMB clearing services in HK

Two of Asia's biggest exchanges, the Singapore Exchange (SGX) and the Hong Kong Exchanges and Clearing (HKEx)will cooperate to promote the internationalisation of the renminbi. File photo of Chinese renminbi banknotes. (AFP/File) SINGAPORE: Two ...

Dec 4(Reuters) -Following are terms and conditions of a bond priced on Wednesday. Borrower Far East Horizon Limited Issue Amount 700 million Renminbi Maturity Date December 11, 2016 Coupon 5.45 pct Issue price Par Reoffer yield 5.45 pct ...

Agricultural Bank of China and Standard Chartered have partnered to launch renminbi clearing services in London, breaking with convention by operating outside the auspices of the Chinese

Joe Ng, head of renminbi payments product management, Asia Pacific, Deutsche Bank, discusses financial regulators role in encouraging greater prevalence of the currency. The likes of Taiwan, Singapore, and London - and more recently, Paris and ...

Singapore Exchange (SGX) today welcomed the first Chinese Bank's renminbi (RMB) bond to be listed and cleared in Singapore. The RMB bond is issued by Industrial and Commercial Bank of China's (ICBC) Singapore branch. The bond issue is settled and ...

In this week's round up of offshore renminbi news, Taiwan's FSC opens the renminbi bond market to Chinese issuers, the LME aims to promote RMB-based contracts and the CBRC gives overseas lenders greater access to

China Vanke became the first triple-B mainland developer to access the offshore renminbi market with the pricing of a five year benchmark deal

Road King Infrastructure attracted more than three times oversubscription for its return to the offshore renminbi bond market

Bitcoin has inserted itself smack in the middle of China's financial reform and the internationalization of the renminbi. The country's transactions now account for more than half of the global total, and the decentralized digital currency is highly ...