Westpac China report reveals impact of renminbi liberalisation

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Westpac Institutional Bank yesterday launched a Special Report on the liberalisation of China’s financial system and the benefits for customers across Asia, Australia and New Zealand as economic ties with China grow closer. The Chinese Government is rolling out a sequence of reforms designed to increase the use of its currency, the renminbi (RMB) in international... Read more continue reading

Non-economic factors driving recent market movements

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Volatility based on fears about Ebola, sanctions on Russia and oil policy Political stability in Asia contributing to economic gains Abenomics getting a boost from Japan’s growing household wealth, corporate governance The recent turbulence in markets is resulting from several non-economic factors, such as the Ebola outbreak, sanctions imposed on Russia related to the ongoing... Read more continue reading

China’s admired autocratic model is built on myths

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Autocratic capitalism as an economic development model has won converts in recent years, especially as the increase in wealth achieved by China’s dictatorship swamps that of, say, India’s system of democratic capitalism. The developed world’s financial crisis, political dysfunction in the US and the inability of the eurozone to formulate solutions for its crisis add... Read more continue reading

Chongqing, China to host 6th World Chinese Economic Forum

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Tan Sri Dato’ Dr Michael Yeoh, Chairman of the World Chinese Economic Forum (WCEF) and CEO, Asian Strategy & Leadership Institute has confirmed that all is in readiness for the 2014 Forum that will be held in Chongqing, China December 4 & 5. The theme of the 2014 WCEF is China, ASEAN and World Economy –... Read more continue reading

New joint venture established for private equity investments in climate-related transactions throughout Asia.

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The Asian Development Bank (ADB), ORIX Corporation (ORIX) and Robeco Institutional Asset Management B.V. (Robeco) yesterday announced the formation of Asia Climate Partners (ACP), a joint venture that will undertake commercially-oriented private equity investments across a variety of environmentally supportive, low-carbon transactions throughout Asia. ACP, which will be capitalized initially by $400 million from its founding... Read more continue reading

The third arrow of Abenomics takes shape

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Japan’s parliament in June began debating legislation that would allow for the country’s first casinos. Whatever the merits casinos are as tourist attractions as the bill’s backers claim versus the social ills that opponents allege will flow from their opening, they form part of the so-called third arrow, or economic reform part, of Prime Minister... Read more continue reading

China research trip confirmed investment downgrade by Australian Ethical

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“Four cities, five days, 14 companies: we made the most of our trip to China and it confirmed our concerns and reaffirmed our decision to downgrade our economic assessment for the country. “We also picked up several key insights into China’s development,” said Nathan Lim who runs the international equities fund. China has settled into a... Read more continue reading

Perpetual taps into growing Singapore IPO market

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The Initial Public Offer (IPO) of the Frasers Hospitality Trust in Singapore on Monday was indicative of the strong demand for cross border trustee services in the region, according to Perpetual. Listed on the Singapore Stock Exchange on 14 July 2014, Perpetual Corporate Trust is the trustee for the newly listed Singapore real estate investment... Read more continue reading

Abenomics: good for Japan, good for investors and good for Australia

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Key points Japan’s economy appears to be weathering the April sales tax hike well and Abenomics looks to be working. Third arrow supply side reforms are very positive. The success of Abenomics augurs well for Japanese shares, which are now cheap. It’s also positive for Australia as Japan is our second largest export market. Introduction... Read more continue reading

Nikko AM to launch Singapore’s first Chinese onshore bond fund

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Extending leadership position in Asia Fixed Income with strategic intent to provide access to domestic capital markets in China Singapore’s first Chinese onshore bond fund* is being launched by Nikko Asset Management Asia Limited (Nikko AMAsia) in partnership with the Bank of China and DBS Bank, following Nikko AM’s one-billion Renminbi quota award for the... Read more continue reading